George Osborne, Ex-U.K. Finance Minister, Named As Editor Of London Newspaper

By Carla Mozee Markets MarketWatch Pulse

Former British finance minister George Osborne will become the new editor of the London Evening Standard, the newspaper said Friday, confirming a BBC report. Osborne will remain a lawmaker in the British parliament. "I am proud to be a Conservative MP, but as editor and leader of a team of dedicated and independent journalists, our only interest will be to give a voice to all Londoners," he said in a statement. Osborne was replaced as Britain's Chancellor of the Exchequer in July in the wake of a government shakeup after the Brexit referendum in June 2016. In January, Osborne was named as a part-time adviser at fund manager BlackRock.

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