as osborne & little industry wallpaper fabric interiors products founded london england 1968 founder sir peter osborne antony little headquarters london england website www.osborneandlittle.com osborne & little is a british manufacturer and retailer of upmarket wallpaper and fabrics . it was established in 1968 and now has showrooms worldwide . 1 it was among the brands included in the victoria and albert museum s british design 1948 2012 innovation in the modern age exhibition in 2012 . 2 contents 1 history 2 expansion 3 tax deferral 4 design collaborations 5 references 6 external links history edit osborne & little was established by sir peter osborne father of conservative party politician george osborne and his brother in law antony little . 3 the company s shop in the king s road chelsea put it in the heart of swinging london . 4 little was the designer he had been responsible for biba s distinctive black and gold logo and created most of the company s early ranges . 3 hand printed papers were inspired by everything from the designs of aubrey beardsley to the brighton pavilion 3 4 its success in reinterpreting classic designs in new ways during the 1970s and 80s meant that little soon presided over a large design team . in the book twentieth century pattern design lesley jackson described the brand as distinctive for its bold reinterpretations of traditional patterns adding historical references tend to be lateral rather than literal . 5 expansion edit the company took over isabel tisdall s tamesa fabrics in 1985 and later acquired the distribution rights to lorca fabrics and liberty furnishings . 5 6 it has a longstanding association with interior designer nina campbell distributing her collections . 7 8 the company has a wholly owned us subsidiary and showrooms across europe in addition to retailing via uk stores such as john lewis . 9 its high profile clients have included bill and hillary clinton who used osborne & little designs in their private apartment at the white house . 3 the company was formerly listed on the london stock exchange delisting in 2003 ; it had a turnover of almost 33m in 2011 with a quarter of this coming from sales in mainland europe . 10 little retired from the business in 2005 and osborne remains ceo . chancellor of the exchequer george osborne retains a shareholding in the company . 3 11 tax deferral edit the company recorded a pre tax profit of 722 000 on turnover of 34 million in 2014 5 . the highest paid director possibly peter osborne was paid 684 000 . citation needed using the 2014 15 uk income tax calculator reveals this would result in combined income tax and national insurance deductions of 310 838.28 . 12 in 2015 it was revealed by private eye that despite having made a pre tax profit of 722 000 the company paid no corporation tax for the year 2015 thereby avoiding a tax bill of 179 000 . 13 citation needed the magazine also revealed that the company had not paid any corporation tax since 2008 and had even received a tax credit of 12 000 in the year 2010 . 13 citation needed this was due to the company making losses totalling 9 million between 2009 and 2014 which allow the carry forward of credits for losses against the 2015 corporation tax bill . despite these substantial losses the companies directors collected 1.2 million in the year 2012 alone . 14 the former chancellor of the exchequer george osborne owns a 15 % stake in the company which is estimated to be worth between 15 and 30 million pounds . 14 design collaborations edit osborne & little has collaborated with a number of other british fashion and textile designers over the years including zandra rhodes neisha crosland and matthew williamson . 5 15 16 references edit staff 8 january 2014 . passnotes osborne & little is george s humble family wallpaper firm in trouble . the guardian . retrieved 12 july 2014 . staff 29 march 2012 . the mini dress and the e type design classics at the v & a . the week . retrieved 12 july 2014 . a b c d e lutyens dominic 12 july 2009 . blow the budget . the observer . retrieved 12 july 2014 . a b mcsmith andy 19 june 2010 . george osborne a silver spoon for the golden boy . the independent . retrieved 12 july 2014 . a b c jackson lesley 2007 . twentieth century pattern design . princeton architectural press . p. 203 . isbn 9781568983332 . retrieved 12 july 2014 . schoeser mary . isabel tisdall 12 october 2007 . the guardian . retrieved 12 july 2014 . sinclair emma 21 january 2013 . feminine wiles nina campbell and those heart shape glasses . daily telegraph . retrieved 12 july 2014 . staff 16 may 2010 . interview nina campbell interior designer . the scotsman . retrieved 12 july 2014 . russell jonathan 23 december 2012 . george osborne s family firm in fourth annual loss . daily telegraph . retrieved 12 july 2014 . tyler richard 22 december 2011 . george osborne s family business makes a loss as the weak economy takes its toll . daily telegraph . retrieved 12 july 2014 . londoners diary 11 april 2012 . george osborne s tax crusade should begin at home . evening standard . retrieved 12 july 2014 . salary calculator pro 2016 17 income tax calculator . salaryis.com . retrieved 2016 10 03 . a b 1 dead link a b osborne & little is george s humble family wallpaper firm in trouble politics . the guardian . retrieved 2016 10 03 . staff 1 december 2010 . women in interiors neisha crosland s top tips for autumn winter 2011 . red . retrieved 12 july 2014 . milligan lauren 28 august 2013 . the prince of prints takes over your home . vogue . retrieved 12 july 2014 . external links edit home page examples of osborne & little designs held at the victoria & albert museum v & a retrieved from https en.wikipedia.org w index.php title osborne % 26 little & oldid 742400894 categories companies established in 19681968 establishments in englandwallpaper manufacturersdesign companies of the united kingdombritish brandscompanies formerly listed on the london stock exchangehidden categories all articles with dead external linksarticles with dead external links from october 2016all articles with unsourced statementsarticles with unsourced statements from january 2016 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 3 october 2016 at 13 39 . text is available under the creative commons attribution sharealike license ; 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