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The Guardian - UK
The Guardian - UK
Politics
Sarah Butler

George Osborne’s family business raises directors’ pay by 30%

George Osborne United States European Union Peter Osborne Covid-19 HSBC United Kingdom
George Osborne’s family business almost tripled profits to £1.5m in the year to the end of March 2022.
George Osborne’s family business almost tripled profits to £1.5m in the year to the end of March. Photograph: Beretta/Sims/REX/Shutterstock

George Osborne’s family business upped pay for directors, who include the former chancellor, by 30% last year as profits were boosted by £700,000 in British and US government grants.

Wallpaper maker Osborne & Little almost tripled profits to £1.5m as sales rose almost 20% to £29m in the year to the end of March 2022, according to accounts filed this week at Companies House.

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