London Daily

Focus on the big picture.
Wednesday, Apr 01, 2026

BBC chairman ‘helped secure loan worth up to £800,000 for Boris Johnson’

BBC chairman ‘helped secure loan worth up to £800,000 for Boris Johnson’

A BBC chairman reportedly helped Boris Johnson arrange a guarantee on a loan – of up to £800,000 – just weeks before he was recommended for the job by the then-prime minister.

Labour is calling for an investigation after allegations surfaced in The Sunday Times.

The newspaper reports that Tory donor Richard Sharp was involved in talks about financing Mr Johnson in late 2020.

Mr Sharp is believed to have introduced multimillionaire Canadian businessman Sam Blyth – a distant cousin of Mr Johnson, who had proposed to act as the then-PM’s guarantor for a credit facility – to the former prime minster.

According to the Sunday Times, the three men then had dinner at Chequers before the loan was finalised.

Mr Sharp, a former Goldman Sachs banker, was announced as the government’s choice for the BBC chairman role in January 2021.

Richard Sharp is said to have been involved in the PM’s finances from November 2020

A spokesperson for Mr Johnson dismissed the Sunday Times report as ‘rubbish’ and insisted his financial arrangements ‘have been properly declared’.

‘Richard Sharp has never given any financial advice to Boris Johnson. He did indeed have dinner with Mr Sharp, whom he has known for almost 20 years, and with his cousin. So what? Big deal.’

Mr Sharp told The Sunday Times: ‘There is not a conflict when I simply connected, at his request, Mr Blyth with the cabinet secretary and had no further involvement whatsoever.’

Foreign secretary James Cleverly told BBC’s Sunday With Laura Kuenssberg: ‘I know (Mr Sharp) is an incredibly accomplished, incredibly successful individual who brings a wealth of experience. I have absolutely no doubt he was appointed on merit.’
Anneliese Dodds has called for ‘serious questions’ to be asked


Mr Johnson was recently given a £1million donation by tech investor Christopher Harborne, it has emerged.

Mr Johnson toured war-damage in Kyiv yesterday. As PM he was accused of using visits and calls to Ukraine president Volodymyr Zelensky to distract from domestic problems.

Labour has now written to the Parliamentary Commissioner for Standards Daniel Greenberg, demanding an investigation.

Party chair Anneliese Dodds cited the MPs’ code of conduct that ‘holders of public office should not place themselves under any financial or other obligation to outside individuals or organisations that might influence them in the performance of their official duties’.

She added: ‘Serious questions need to be asked of Johnson: why has this money never been declared, and what exactly did he promise these very generous friends in return for such lavish loans?’

When contacted, a BBC spokesman said: ‘The BBC plays no role in the recruitment of the chair and any questions are a matter for the Government.’

Newsletter

Related Articles

0:00
0:00
Close
King Charles Plans US State Visit as UK Strengthens Ties with Trump Leadership
UK Regulator Launches Investigation Into Microsoft’s Business Software Practices
Kanye West Set for High-Profile Return to UK Stage at Wireless Festival
Trump Presses Europe to Strengthen Commitment as Iran Conflict Escalates
UK to Deploy Additional Troops to Middle East Amid Rising Regional Tensions
UK Authorities Face Claims of Heavy-Handed Measures in Monitoring Released Pro-Palestine Activists
Trump Calls on UK to Secure Its Own Energy as Iran Conflict Intensifies
Nigel Farage Declines Invitation to UK Conservative Conference Led by Liz Truss
Trump Warns Allies to Take Responsibility as Rift Deepens with UK and France Over Iran Conflict
How Britain’s Prime Minister Controls U.S. Bomber Access in Escalating Iran Conflict
Trump Urges Allies to Secure Their Own Oil Supplies as Hormuz Crisis Disrupts Global Energy
Russia Expels British Diplomat as UK Pushes Back Against Pressure
White House App Faces Scrutiny After Claims of Continuous User Location Tracking
BBC Faces Scrutiny Over Allegations of Paid Content Linked to Saudi Arabia
UK-France Coastal Patrol Agreement Nears Breakdown Amid Migration Pressures
UK Police Detain Pro-Palestine Activist Again Weeks After Bail Release
FTSE 100 Advances as Energy and Mining Shares Gain Amid Middle East Tensions
Eli Lilly Seeks UK Pricing Deal to Unlock Renewed Pharmaceutical Investment
Three Arrested in UK After Massive Cocaine Haul Discovered Hidden in Banana Shipment
UK Fuel Prices Poised for Further Surge Amid Global Energy Pressures
Apple Subsidiary Penalized by UK Authorities for Breach of Moscow Sanctions
Western Allies Intensify Coordinated Sanctions Strategy Against Russia
UK Lawmakers Face Criticism Over Renewed Push for Social Media Restrictions
Starmer Signals UK Crackdown on Addictive Social Media Features
Rising Costs Push One in Five UK Hospitality Businesses to the Brink of Closure
Man Arrested on Suspicion of Attempted Murder After Car Strikes Pedestrians in UK, Injuring Seven
Escalating Conflict Involving Iran Tightens Fiscal Pressures and Highlights UK Economic Vulnerabilities
UK Moves to Confront Russian ‘Shadow Fleet’ Operating in Its Waters
UK Housing Divide Deepens as Older Owners Hold Wealth While Under-30s Face Mounting Barriers
London Demonstration Calls on UK to Recognize Iranian Opposition’s Provisional Government
UK Green Party Vote on ‘Zionism is Racism’ Motion Collapses Amid Internal Disputes and Technical Failures
SNL UK Ignites Debate with Sharp Royal Satire Targeting Prince Andrew and Prince William
EU Proposes ‘Emergency Brake’ to Resolve Deadlock in UK Youth Mobility Talks
Thousands Rally in London to Oppose Rise of Far-Right Movements
Hong Kong Official Rejects Allegations of Surveillance Orders Targeting UK-Based Dissidents
PayPal Expands Cryptocurrency Services to Allow UK Users to Buy and Sell Bitcoin
UK Minister Challenges Reform Party’s ‘Pro-Family’ Agenda as Debate Intensifies
Concerns Grow Over Meningitis Risk Among UK Students Amid Warning Signs of New Outbreaks
Japanese Grand Prix 2026: Schedule, UK Start Times and Full Broadcast Details
Electric Vehicles Seen as Strategic Solution to UK Fuel Reserve Concerns
Rise of Lone-Actor Threats and Online Radicalisation Drives New Wave of Antisemitic Attacks in the UK
Canada Advances Plan to Ban Cryptocurrency Donations in Election Campaigns
UK Faces Looming Medicine Shortages as Iran Conflict Threatens Supply Chains
Deadly Meningitis Outbreak in the U.K. Highlights Urgent Need for Vaccination
Fresh Claims Emerge Over Harry and Meghan’s Australia Visit as Insider Speaks Out
NATO Assessment Indicates UK Defence Spending Has Fallen Below Alliance Average
FTSE 100 Slips as Middle East Tensions Weigh on Investor Sentiment
UK Economy Begins to Feel Early Impact of Iran Conflict as Policy Challenges Intensify
Russian National Jailed in UK After Assault Case Linked to Barron Trump’s Alert
Energy Price Surge Accelerates Shift Away from Fossil Fuels in UK Homes
×