George Osborne, the former Chancellor, has taken on another paid job in America on top of his role of being an MP.

Mr Osborne has become Arizona State University’s first Kissinger Fellow where he will be paid to sharpen his “skills as a statesman”.

Mr Osborne will spend time in the US studying at The McCain Institute for International Leadership, under the guidance of former US secretary of state Henry Kissinger.

The Cabinet Office said that Mr Osborne’s job would be “part-time and paid”.

Sources close to Mr Osborne said that he would receive a “stipend” as well as money to cover the cost of “staff support, travel, convening and conferencing costs”.

The source told The Daily Telegraph: “The Kissinger Fellowship is designed to help build the skills of statemanship among already accomplished global leaders by supporting their efforts to tackle real-world challenges.

“The McCain Institute makes funds available for this purpose, which can include stipend, staff support, travel, convening and conferencing costs.”