Former Chancellor of the Exchequer George Osborne is to become Britain’s first official part-time Member of Parliament.

Osborne was sacked by Theresa May soon after she succeeded David Cameron.

Since then, the MP for Tatton has been bored looking after the needs of his constituents and has decided to go part-time.

He is to be paid £650,000 a year for advising the global investment group BlackRock for one day a week.

“It makes a lot of sense. I don’t know why more MPs don’t apply to go part-time,” said Osborne.

“For example, MPs who are mothers could look after their children two days a week instead of paying exorbitant nursery fees.

“You can’t imagine how tedious it is listening every bloody week to constituents who can’t get their disability benefit or who are being evicted from their house or whatever.

“I’m looking forward to getting into the real world of investment banking.”

Osborne has already earned close to £800,000 for speeches made to banks and other firms since leaving office last July.

“I got about £35,000 for an hour-long speech to BlackRock. I didn’t realise at the time that it was probably a job interview.”

When asked what he’ll be doing with his MP’s salary of £75,000, Osborne replied, “Don’t really know. Beer money?”

 

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