What is the relationship between George Osborne and Chancellor of the Exchequer in the context of the input sentence. Choose an answer from: product/material produced; manufacturer; distributed by; industry; position held; original broadcaster; owned by; founded by; distribution format; headquarters location; stock exchange; currency; parent organization; chief executive officer; director/manager; owner of; operator; member of; employer; chairperson; platform; subsidiary; legal form; publisher; developer; brand; business division; location of formation; creator.

Chancellor of the Exchequer George Osborne announced the funds would be a guaranteed infrastructure investment, saying that the Hinkley Point plant was necessary to meet Britain's energy needs as older coal and nuclear plants are retired.

Answer: position_held