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Osborne to continue as Chancellor of the Exchequer

George Osborne has been reappointed Chancellor of the Exchequer, as David Cameron named the most senior members of his new Conservative Cabinet.

George Osborne arrives at 10 Downing Street, London, following the Conservative's victory in the General Election. Credit: Press Association

Mr Osborne was also officially made the most senior Cabinet minister beneath the Prime Minister with the title First Secretary of State - effectively equivalent to deputy PM - which was previously held by William Hague.

Mr Osborne arrived at 10 Downing Street shortly after the Prime Minister announced that he was set to announce a number of Cabinet posts.

Tatton MP George Osborne tipped for Deputy PM

George Osborne said the Conservatives were winning seats 'no-one expected'. Credit: Press Association

There have been suggestions that George Osborne could be in line for the Deputy Prime Minister job.

David Cameron will be able to choose all his own Cabinet Ministers if he is able to form a majority government as predicted.

During the last Government ministers jobs were shared with coalition partners the Liberal Democrats, with leader Nick Clegg as Deputy Prime Minister.


George Osborne places £30 wager on Tory majority

The Chancellor George Osborne has placed a £30 bet on the Conservative Party winning an overall majority at the General Election.

Mr Osborne placed the wager with presenter Rob McLoughlin in an interview with ITV Granada's Party People, which airs on Thursday night on at 22:40.

If he is successful the Chancellor has agreed to donate his winnings to the David Lewis Centre in his Tatton constituency, a charity which provides specialist residential service for people with complex learning disabilities.

  1. Daniel Hewitt - Political Reporter

Are you convinced by the Chancellor's Northern Powerhouse promise?

Tatton MP and Chancellor George Osborne say he has a grand plan for the North of England - he calls it 'The Northern Powerhouse' - but do voters here plan to keep him in his powerhouse in Westminster come May?

The Conservative Party hopes Mr Obsorne's commitment to invest more in rail, road, arts and science in the North West will be rewarded with more North West MPs at next year's General Election.

But are voters in the key marginals convinced?

Our political reporter Daniel Hewitt has been to Bolton West, the region's most marginal constituency, to gage opinion.

Tune in to Party People tonight on ITV at 23:40 for reaction from MP's Nigel Evans, Julie Hilling and Andrew Stunnel.


Cheshire author Frances Osborne to judge this year's Man Booker Prize for Fiction

Frances Osborne with her husband. Credit: Press Association.

The author Frances Osborne will help judge the Man Booker Prize for Fiction, it was announced today.

Mrs Osborne, who is married to Tatton MP and Chancellor George Osborne, is the author of a novel and several prize-winning biographies.

She's become one of five judges tasked with handing out one of the most prestigious awards in literature.

Osborne is not the first member of the panel to have political connections - Lancashire MP and Prime Minister Harold Wilson's wife Mary was a judge in 1976.

Last year's judges, who gave the prize to Richard Flanagan's The Narrow Road To The Deep North, had to read 154 books before picking a winner.

The longlist of 12 or 13 books will be announced in August, before being whittled down to a shortlist of six in September, with the winner announced in October

  1. Daniel Hewitt - Political Reporter

Autumn Statement: Reaction from a North West battleground

The Chancellor and Tatton MP George Osborne has been laying out his plans for the economy in his final Autumn Statement before the General Election, but will it be enough to swing voters in the North West's most marginal constituency?

Our political reporter Daniel Hewitt has been to Bolton West where just 92 votes separate Labour and the rest, to speak to businesses, parents and first-time voters.

  1. National

Chancellor to set out vision for a Northern Powerhouse

Chancellor George Osborne will today set out the government’s vision for a northern economic powerhouse.

Chancellor George Osborne wants to create a Northern Powerhouse to rival the south. Credit: PA

He will be in Manchester to hear proposals for a £15 billion plan to improve the future of the northern economy in Leeds, Liverpool, Manchester, Newcastle and Sheffield over the next 15 years.

Mr Osborne is expected to say: "Today I give you this personal commitment. Work with me over the coming months and together we will make a reality of the plan I've set out for the Northern Powerhouse.

“I'm ready to commit new money, new infrastructure, new transport and new science. And real new civic power too."

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