Former Tory Chancellor and current Evening Standard’s Editor George Osborne is highly benefiting from his work for the US firm that shorted construction giant Carillion’s collapse.
Today’s @EveningStandard: we launch our #LastStraw campaign to get restaurants, cafes etc to end use of plastic straws & @michaelgove writes in support + Carillion collapses with costs for taxpayer + trouble brewing over lifting faith school cap + latest @BarrysBootcamp workout pic.twitter.com/EYp57dSDug— George Osborne (@George_Osborne) January 15, 2018
Former Tory Chancellor George Osborne is being paid £13,000-a-day by US fund managers BlackRock:
BlackRock had shorted its investments in Carillion – which means it benefits massively from any fall in its investments in the company as opposed to any rises:
So, it looks like everyone’s a winner from the collapse of Carillion.
Apart from the British taxpayers having to fork out millions, the Carillion workers being laid off and the hundreds of small businesses facing bankruptcy as a result of this Tory mess, obviously.🔷
(This piece was first published on Pride's Purge)