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Former UK finmin Osborne to edit London newspaper

Friday, March 17, 2017 - 01:14

Former British finance minister George Osborne is appointed as new editor of London's Evening Standard newspaper by its Russian owners. David Pollard reports.

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Wanted: one editor for a high-profile London newspaper. No experience necessary .... Step forward former UK finance minister George Osborne. A beginner perhaps when it comes to anything like running the Evening Standard. But a veteran at rolling up his sleeves when it comes to politics. (SOUNDBITE) (English) BRITISH FINANCE MINISTER, GEORGE OSBORNE SAYING: "Five years later our economy is strong, but the storm clouds are gathering again ....." Even if the politics, ultimately, led to headlines of the wrong sort. Osborne himself a victim of the shake-up in the ruling Conservative Party that followed Britain's vote to leave the EU. A decision he had opposed. (SOUNDBITE) (English) THEN BRITISH FINANCE MINISTER, GEORGE OSBORNE, SAYING: "A vote to leave will push our economy into recession." Osborne's boss Evgeny Lebedev used new media to help spread the news. Tweeting he was 'proud to have an editor of such substance'. For Osborne, this a chance to get his hands on the wheel for a change. And alongside his 48-days, 650,000 pounds a year consultancy at asset manager Blackrock, he should at least have the time for a new job - even if he doesn't need the money.

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Former UK finmin Osborne to edit London newspaper

Friday, March 17, 2017 - 01:14