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George Osborne to stand down as MP 'for now'

Former chancellor George Osborne is to stand down from Westminster politics "for now" at the June 8 election.

It was revealed in the Evening Standard newspaper, where he is shortly to take up the editorship.

Mr Osborne, who has been an MP for 16 years, said he intends to stay active in political debates and could make a comeback in the future.

In a letter to his constituents in Tatton in Cheshire he said: "I am stepping down from the House of Commons - for now. But 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.”

"At the age of 45, I don’t want to spend the rest of my life just being an ex-Chancellor. I want new challenges.

“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.”

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