«Breaking News» George Osborne buys £3m three-storey ski chalet

Former chancellor of the Exchequer George Osborne has purchased a luxury £3million chalet in the Swiss Alps, The Times has reported.

The three-storey property, situated in the upmarket ski resort of Verbier, Switzerland, sits a stones throw away from Virgin founder Sir Richard Branson's lodge and comes with a large drink terrace.

The new purchase comes eight years after Osborne came under fire for being invited on a ski holiday from a City financier during the same time VAT was being raised in the UK.

George Osborne (pictured with wife Frances Osborne) has purchased a luxury £3million chalet in Verbier

The famous ski resort, which attracts hundreds of avid skiers from across the globe, has also become a popular destination for the rich and famous wishing to build a holiday home in the Alpine village.

Among the notable names that have flown over to the icy resort are Barack Obama, Madonna, British adventurer Bear Grylls, singer James and former England rugby player Lawrence Dallaglio. 

Other famous names making an appearance at the expensive ski resort include superbike racer Carl Foggarty and musician Ed Sheeran. 

The three-storey property is situated in the Switzerland ski resort of Verbier and attracts avid skiers from across the globe

Pictured: Landscape view of a group of typical Swiss chalets with roofs covered by snow in the town of Verbier

In 2015, the Prince Andrew and his former wife Sarah Ferguson also set their sights on the snowy landscape in the Switzerland resort to purchase an incredible £13million chalet. 

Verbier, which offers spectacular views of summit of the Mont-Fort glacier and is the main resort of the 'Four Valleys' ski area, is a popular destination for those with cash to splash. 

It is also home to the classical music event,  the Verbier Festival, and the Grand Raid Cristalp mountain biking competition. 

Since their arrival the Osborne's have also become the talk of the town , with one local estate agent telling The Times: 'We've had people coming into the shop saying, ''Have you heard about George!'''

 At 192.5 square metres the stunning chalet also falls within Switzerland law which states foreign buyers must only buy one property which does not exceed 200 square metres. 

After leaving his post at Chancellor, Osborne has gone on to become editor of the Evening Standard is also adviser to the world’s largest investment firm, Blackrock.

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Main photo article Former chancellor of the Exchequer George Osborne has purchased a luxury £3million chalet in the Swiss Alps, The Times has reported.
The three-storey property, situated in the upmarket ski resort of Verbier, Switzerland, sits a stones throw away from Virgin founder Sir Richard Branson’s ...

It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.

Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.

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