GEORGE Osborne and his wife Frances are divorcing after 21 years of marriage, the ex-Chancellor announced tonight.

The couple – who have two children – said they would remain "good friends" but had mutually decided they should separate.

It comes as Mr Osborne, now editor of the Evening Standard newspaper, is rumoured to have his eye on a return to high office.

He recently endorsed Boris Johnson to be the next Tory leader despite the two men previously falling out over Brexit.

The Osbornes said in a statement this evening: "George and Frances Osborne have sadly decided to divorce after 21 years of marriage.

"This is a long thought-through and mutual decision. They remain good friends and jointly devoted to their wonderful children."

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