George Osborne’s ambitions have long been common knowledge in Parliament. Furthermore the great political chess-player had seemed on course to achieve his aim and succeed his great friend and ally David Cameron into Downing Street, securing the front-runner status after the Conservative victory in 2015.
The Conservative victory in 2015 and the almost messianic status that Osborne received in the light of the win as a political strategist now seems a long time ago. Since then the former Chancellor has produced one questionable budget, played a leading role in ‘Project Fear’ and has lost his job with his reputation in tatters. Politically things have looked better for George Osborne!
So could this change in the future? George Osborne remains influential in the Conservative Party. Throughout his time as Chancellor he promoted many of his allies, some of whom now occupy powerful positions in the party. This gives Osborne a strong base for any future leadership contest. Added to this Osborne has begun to position himself as the champion of the modernising wing of the party. This gives him political room to exploit and allows him to maintain his influence and relevance in the new political landscape.
George Osborne remains young (he is only 45!). This gives him plenty of time. He has shown no desire to leave Parliament and has hinted he is yet to give up on his ambitions recently claiming he didn’t know ‘how this story ends’. Osborne can afford to be patient, even waiting for May to step down after a successful time in office. A vacancy does not have to occur immediately for Osborne to remain in the game.
The political situation in this country remains complex. Theresa May has enjoyed a solid start as Prime Minister but with Brexit negotiations to come things will become more tricky. Should May fail to take the party with her on Brexit, her position is far from insurmountable and a new vacancy may arise sooner than expected. In that climate Osborne’s experience could make him an attractive choice in what would be an open contest.
Much has to happen before this is even a possibility and we are largely talking about hypotheticals. However there does remain a plausible scenario where Osborne takes over from May as leader of the Conservative Party and Prime Minister either after a successful May government or a failed May government. George Osborne has been written off before in politics and has bounced back, so when it comes to the former Chancellor, it is wise to never say never!
Article by Mike Hough
Photograph – Vanity Fair