UK Chancellor of the Exchequer George Osborne has pledged that Britain would support Ireland's attempts to stabilise its banking system. It is anticipated that this could involve a loan of £6 billion. Osborne is part of the old Anglo-Irish aristocracy and has links with Co. Waterford (in Ireland). He is the heir to the Baronetcy of Ballentaylor, in County Tipperary, and Ballylemon, in County Waterford. His father Sir Peter George Osborne succeeded to the title of 17th Baronet Osborne, of Ballintaylor and Ballylemon, Co. Waterford on 21 July 1960.
The Osborne Baronetcy, of Ballentaylor in Tipperary, and Ballylemon County Waterford , was created in the Baronetage of Ireland on 15 October 1629 for Richard Osborne. He was M.P. for Co Waterford between 1639 and 1649. He was also M.P. for Co. Waterford between 1661 and 1666.
Sir Richard Osborne, second baronet held the office of M.P. for Dungarvan between 1639 and 1649. He held the office of High Sheriff of Co. Waterford in 1671.
Sir John Osborne, 7th Baronet sat as an MP in the Irish House of Commons for Lismore between 1719 and 1727 and for County Waterford between 1727 and 1743.
The eight baronet Sir William Osborne held the office of High Sheriff of County Waterford in 1750. He held the office of M.P. for Carysfort between 1761 and 1768. He was M.P for Dungarvan between 1768 and 1783. He was invested as a Privy Counsellor in 1770. He held the office of M.P. for Carysfort in 1783.
Sir Thomas Osborne the ninth Baronet sat for Carysfort and also held the office of Sheriff of Waterford .
Sir Henry Osborne, 11th Baronet was MP to the Irish House of Commons for Carysfort in 1798 and for Enniskillen, County Fermanagh, in 1800.