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Former Chancellor George Osborne has announced he will not seek re-election for the Tatton borough in the upcoming General Election on June 8.

It was first announced by The Evening Standard, where Mr.Osborne is currently taking up his role as editor of the newspaper.

That decision was criticised by many, including fellow MPs, who said he simply could not commit to a full-time agenda for both jobs at the same time.

In a letter to Conservatives in his Tatton constituency, Mr Osborne said: “I will remain active in the debate about our country’s future and on the issues I care about, like the success of the Northern Powerhouse.

“I want a Britain that is free, open, diverse and works with other nations to defend our democratic values in the world.

“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.

“I’m very excited about the opportunity to edit the Evening Standard. I’ve met the team there, and their energy and commitment to this great newspaper are positively infectious.”

It comes just weeks after he had told Silk 106.9 news that he would stay on in his role as MP for the Cheshire constituency.

He said: “As a local MP, I worked for local people, I get things done. Whether it’s as a constituency MP or as Editor of The London Evening Standard, I’m going to go on fighting for a prosperous and successful United Kingdom.

“When I launched the Northern Powerhouse, I wanted the towns and the cities in the North to work together and I said we can do this in partnership with the rest of the country.

“We’ve got some really big questions as a country right now. Whether that’s in the media with reporting the correct facts or working for what local people want in Parliament, I’m going to go on fighting those things.”

When George Osborne announced his new role, his list of jobs also included:

– MP for Tatton: Paid £74,962 a year
– Editor, London Evening Standard: Paid £200,000, according to reports
– Adviser, BlackRock Investment Institute: Paid £650,000 a year
– Chair, Northern Powerhouse Partnership: Unpaid
– Kissinger Fellow at the McCain Institute: £120,212 stipend to cover travel and research costs
– Washington Speaker’s Bureau: Paid nearly £800,000 for engagements since July

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