George Osborne to get €746k in part-time role at Blackrock

Former British Chancellor George Osborne is to be paid £650,000 a year for working just 48 days a year at asset manager BlackRock, according to the UK parliament’s register of members interests.

BlackRock announced in January Mr. Osborne would work as a part-time senior adviser to the BlackRock Investment Institute, an arm of the asset manager that serves as a think-tank on investment strategy.

Mr. Osborne, who was British Chancellor for six years before he lost his job following Britain’s vote to leave the EU last year, spearheaded an austerity drive by the Conservative-led government following the global financial crisis.