What do banks and financiers get in return for paying George Osborne £40,000 for one hour of work?

‘George Osborne presided over a national productivity disaster when he was Chancellor. But the MP for Tatton is certainly making an outstanding personal contribution to repairing some of the damage now.
Last week the House of Commons Register of Members’ Financial Interests disclosed Osborne’s earnings from outside Parliament since he was sacked from the Cabinet last year. What the record shows is nothing less than a productivity miracle.
In October Osborne spent two hours delivering a speech to an outfit called Palmex Derivatives in the City of London for which he received £80,240. That’s more than £40,000 per hour of his time. Not even Paul Pogba of Manchester United gets that kind of hourly rate.’
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