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Osborne to step down at June election
April 19, 2017 / 11:44 AM / 8 months ago

Osborne to step down at June election

LONDON (Reuters) - Former Chancellor of the Exchequer George Osborne said on Wednesday he would stand down from parliament at June’s national election, according to a letter to constituents quoted in the London Evening Standard newspaper.

FILE PHOTO: George Osborne speaks in Bournemouth, southern Britain, June 3, 2016. REUTERS/Dylan Martinez/File Photo

Last month Osborne, who had been tipped as a future prime minister until he lost his job as finance minister after helping lead the doomed campaign to stay in the European Union, was named editor of the Evening Standard.

He has come under fire for taking on several jobs while remaining a member of parliament, including a part-time job at asset manager BlackRock.

“I am stepping down from the House of Commons - for now. But I will remain active in the debate about our country’s future and on the issues I care about,” Osborne said in the letter.

“I will go on fighting for that Britain I love from the editor’s chair of a great newspaper. It’s still too early to be writing my memoirs.”

Reporting by Kylie MacLellan and William James, editing by Estelle Shirbon

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