Embarrassing dads! We're all in this together

Even the Chancellor has one. As he tells us to tighten our belts, his father wants a £19,000 desk and a holiday in Mustique

George Osborne could be forgiven for wanting to draw a line under his "omnishambles" of a Budget by insisting the Government is, in these hard times, doing everything to show we are all in this together.

So perhaps the last thing the Chancellor needs is his father enthusing about his love for £19,000 pastiche neoclassical desks, holidays in Mustique, magnums of vintage wine and bagging a bargain at Christie's.

Sir Peter Osborne, 17th baronet of Ballintaylor and Ballylemon and the co-founder of the multimillion-pound Osborne & Little wallpaper empire, lists his favourite furniture, art, clothes and holidays in the Financial Times's How to Spend It, a supplement that does what it says on the tin.

While his son was on the radio yesterday reassuring Britons that the UK's £10bn loan to the International Monetary Fund was worthwhile, and defending terrible headlines over his tax plans for grannies, pasties and charities, Sir Peter was telling readers how he spends his money.

Sir Peter's shopping list emerged at the same time as the disclosure that David Cameron's father, Ian, left a fortune of £2.74m in his will after amassing money from investments in offshore tax havens. Ian Cameron left his younger son David £300,000 when he died in 2010. While the use of tax havens by Mr Cameron Snr was perfectly legal, the revelation makes the Prime Minister and the Chancellor's pledge to publish their tax returns sound somewhat hollow.

The disclosure will also do little to eradicate the impression that Mr Cameron and Mr Osborne are pushing through huge spending cuts from a position of inherited wealth.

Mr Osborne is the heir to the Ballintaylor and Ballylemon baronetcy and his father's interiors business. Earlier this month, amid the row over his cutting the 50p top rate of income tax to 45p, Mr Osborne claimed he did not earn enough to fall into the 50p bracket, even though he benefits from a trust fund and rental income from his Notting Hill property.

In How to Spend It, Sir Peter, 69, says the most unforgettable place he's travelled to in the past year was Mustique, the exclusive Caribbean island favourite of Princess Margaret and Mick Jagger. Sir Peter "went with some of our family in January", although the party did not include Mr Osborne, his wife Frances and their children. Sir Peter was lent a villa by an Italian friend in return, he tells us, for two magnums of Sassicaia, a fine Italian red wine, at a cost of about £700.

Sir Peter told the magazine: "We thought it was paradise, more for what it lacked than what it had – no cars, one hotel, a couple of bars, empty beaches."

Sir Peter says his next big purchase will be a Fornasetti Architettura Trumeau desk at Themes and Variations. The desk, which can best be described as pastiche neoclassical and is something of an acquired taste, costs £19,000. His last favourite buy was an Ettore Sottsass Tahiti lamp "in a sale at Christie's", at an estimated cost of £1,360.

Sir Peter's favourite clothes include a cream cotton shirt by the Prince of Wales's chosen shirtmaker, Turnbull & Asser, at about £145, a £765 navy off-the-peg suit from Savile Row tailors Richard James, and a £135 knit silk tie by French couturier Charvet.

Other favourite spends include a ticket to the Metropolitan Opera in New York, which costs £250 for the best seats, Kiehl's Abyssine SPF23+ face cream at £40.50 for 50ml, and a Chelsea Football Club season ticket – for which, as a senior citizen, Sir Peter would pay up to £480.

Perhaps Sir Peter has been picking up tips on spending cuts from his Chancellor son, however: he pays a modest £25 for a haircut (and a free game of backgammon) from Anton at Le Leon, a Notting Hill hairdressers.

Mr Cameron's father set up funds in Panama and Geneva in 1982. The Prime Minister recently said the Government would be taking a "tougher approach" to offshore tax havens, "particularly with very wealthy individuals and with the bigger companies to make sure they pay their fair share".

Suggested Topics
Voices
voicesSiobhan Norton on why she eventually changed her mind
Life and Style
fashion Designs are part of feminist art project by a British student
News
Snoop Dogg pictured at The Hollywood Reporter Nominees' Night in February, 2013
people... says Snoop Dogg
News
i100
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
News
ebookA unique anthology of reporting and analysis of a crucial period of history
Life and Style
food + drinkZebra meat is exotic and lean - but does it taste good?
Arts and Entertainment
Residents of Derby Road in Southampton oppose filming of Channel 4 documentary Immigration Street in their community
tv
News
i100
Extras
indybest
Sport
Scottish singer Susan Boyle will perform at the Commonwealth Games opening ceremony in Glasgow
commonwealth games
News
Lane Del Rey performing on the Pyramid Stage at Glastonbury 2014
people... but none of them helped me get a record deal, insists Lana Del Rey
Arts and Entertainment
Dwayne 'The Rock' Johnson stars in Hercules
filmReview: The Rock is a muscular Davy Crockett in this preposterous film, says Geoffrey Macnab
Independent
Travel Shop
the manor
Up to 70% off luxury travel
on city breaks Find out more
santorini
Up to 70% off luxury travel
on chic beach resorts Find out more
sardina foodie
Up to 70% off luxury travel
on country retreats Find out more
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

PMO Analyst - London - Banking - £350 - £400

£350 - £400 per day: Orgtel: PMO Analyst - Banking - London - £350 -£400 per d...

IT Portfolio Analyst/ PMO

£40000 - £50000 Per Annum Excellent benefits: Clearwater People Solutions Ltd:...

Mechanical Design Engineer

£40000 - £50000 per annum + competitive: Progressive Recruitment: Mechanical E...

Accountant,Reconciliations,Bristol,Bank,£260/day

£200 - £260 per day + competitive: Orgtel: Accountant, Reconciliations, Bristo...

Day In a Page

Noel Fielding's 'Luxury Comedy': A land of the outright bizarre

Noel Fielding's 'Luxury Comedy'

A land of the outright bizarre
What are the worst 'Word Crimes'?

What are the worst 'Word Crimes'?

‘Weird Al’ Yankovic's latest video is an ode to good grammar. But what do The Independent’s experts think he’s missed out?
Can Secret Cinema sell 80,000 'Back to the Future' tickets?

The worst kept secret in cinema

A cult movie event aims to immerse audiences of 80,000 in ‘Back to the Future’. But has it lost its magic?
Facebook: The new hatched, matched and dispatched

The new hatched, matched and dispatched

Family events used to be marked in the personal columns. But now Facebook has usurped the ‘Births, Deaths and Marriages’ announcements
Why do we have blood types?

Are you my type?

All of us have one but probably never wondered why. Yet even now, a century after blood types were discovered, it’s a matter of debate what they’re for
Honesty box hotels: You decide how much you pay

Honesty box hotels

Five hotels in Paris now allow guests to pay only what they think their stay was worth. It seems fraught with financial risk, but the honesty policy has its benefit
Commonwealth Games 2014: Why weight of pressure rests easy on Michael Jamieson’s shoulders

Michael Jamieson: Why weight of pressure rests easy on his shoulders

The Scottish swimmer is ready for ‘the biggest race of my life’ at the Commonwealth Games
Some are reformed drug addicts. Some are single mums. All are on benefits. But now these so-called 'scroungers’ are fighting back

The 'scroungers’ fight back

The welfare claimants battling to alter stereotypes
Amazing video shows Nasa 'flame extinguishment experiment' in action

Fireballs in space

Amazing video shows Nasa's 'flame extinguishment experiment' in action
A Bible for billionaires

A Bible for billionaires

Find out why America's richest men are reading John Brookes
Paranoid parenting is on the rise - and our children are suffering because of it

Paranoid parenting is on the rise

And our children are suffering because of it
For sale: Island where the Magna Carta was sealed

Magna Carta Island goes on sale

Yours for a cool £4m
Phone hacking scandal special report: The slide into crime at the 'News of the World'

The hacker's tale: the slide into crime at the 'News of the World'

Glenn Mulcaire was jailed for six months for intercepting phone messages. James Hanning tells his story in a new book. This is an extract
We flinch, but there are degrees of paedophilia

We flinch, but there are degrees of paedophilia

Child abusers are not all the same, yet the idea of treating them differently in relation to the severity of their crimes has somehow become controversial
The truth about conspiracy theories is that some require considering

The truth about conspiracy theories is that some require considering

For instance, did Isis kill the Israeli teenagers to trigger a war, asks Patrick Cockburn