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George Osborne’s family business raises directors’ pay by 30%

Osborne & Little, which received coronavirus and furlough support grants, triples profits

George Osborne’s family business upped pay for directors, who include the former chancellor, by 30% last year as profits were boosted by £700,000 in British and US government grants.

Wallpaper maker Osborne & Little almost tripled profits to £1.5m as sales rose almost 20% to £29m in the year to the end of March 2022, according to accounts filed this week at Companies House.

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Read the original article at The Guardian

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