Sir Peter Osborne, 17th Baronet

Sir Peter George Osborne, 17th Baronet (born 29 June 1943) is a British businessman, who co-founded the interior design firm Osborne & Little. He is the father of George Osborne, the Conservative politician and former Chancellor of the Exchequer.

Sir Peter Osborne

Born (1943-06-29) 29 June 1943
EducationWellington College
Alma materChrist Church, Oxford
OccupationBusinessman
Spouse(s)
Felicity Loxton-Peacock
(m. 1968)
Children4
Parent(s)Sir George Osborne, 16th Baronet
Mary Horn

Early life

Peter Osborne was born on 29 June 1943. He is the elder son of Sir George Osborne, 16th Baronet, who as a soldier was decorated during the First World War, and Mary Horn. Osborne was educated at Wellington College, Berkshire, and received an MA from Christ Church, Oxford.[1] He succeeded to the baronetcy, becoming the 17th Osborne baronet of Ballentaylor and Ballylemon, on 21 July 1960, upon the death of his father.

Career

In 1968, Osborne and his brother-in-law Anthony Little co-founded Osborne & Little, a successful manufacturer and retailer of upmarket wallpaper and fabrics, opening its initial showroom in Chelsea.[2] It was revealed in 2016 that the firm had made £6 million in a 2004 property deal with a developer from the British Virgin Islands, a tax haven, and had not paid any corporation tax for seven years. Osborne's personal wealth, amassed through inheritance and his business career, has been the subject of controversy during his son's political career, especially after an interview with the Financial Times in which he discussed his "expensive tastes", such as the purchase of a £19,000 Italian desk.[3]

Personal life

Osborne married Felicity Loxton-Peacock on 16 October 1968.[1] They have four children:[1]

  • George Gideon Oliver Osborne CH (b. 23 May 1971), former Chancellor of the Exchequer (2010–2016) and heir apparent to the baronetcy
  • Benedict George Osborne (b. 25 July 1973)
  • Adam Peter Osborne (b. 25 March 1976)
  • Theo Grantley Osborne (b. 28 March 1985)

Arms

Coat of arms of Osborne of Ballentaylor and Ballylemon
Crest
A sea lion sejant proper holding the dexter paw a trident sable, headed or
Escutcheon
Gules, on a fess or cotised argent two fountains proper, over all a bend of the last
Motto
Pax in bello ("Peace in war")[4]
Other elements
Red Hand of Ulster

See also

References

  1. "Person Page". thepeerage.com. Retrieved 2016-08-08.
  2. "George Osborne's family business bounces back". Retrieved 2016-08-08.
  3. "Peter Osborne talks personal style: Part One". Retrieved 2016-08-08.
  4. Mosley, Charles, ed. (2003). Burke's Peerage, Baronetage & Knighthood (107 ed.). Burke's Peerage & Gentry. p. 3030-3032. ISBN 0-9711966-2-1.
Baronetage of Ireland
Preceded by
Sir George Francis Osborne
Baronet
(of Ballentaylor and Ballylemon)
1960–present
Succeeded by
Incumbent
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