London Daily

Focus on the big picture.
Thursday, Jul 23, 2026

BBC Chief Made "Errors Of Judgement" Over Boris Johnson's Loan: Lawmakers

BBC Chief Made "Errors Of Judgement" Over Boris Johnson's Loan: Lawmakers

The chair of the broadcaster, which is funded by a licence fee paid by TV-watching households, is appointed on the recommendation of the government.
BBC Chair Richard Sharp made "significant errors of judgement" in failing to declare his involvement in facilitating a loan for then-Prime Minister Boris Johnson shortly before he was appointed to the role, a committee of lawmakers said on Sunday.

Sharp, a former Goldman Sachs banker, has said he introduced Sam Blyth, an old friend who wanted to help Johnson, to a government official in late 2020, but his involvement went no further.

Blyth, who is a distant cousin of Johnson, went on to lend the former prime minister up to 800,000 pounds ($964,640), a media report has said.

Sharp has said, and reiterated to the committee when he appeared before it on Tuesday, that he was not involved in making a loan or in arranging a guarantee or any financing.

He said after seeking an introduction for Blyth, he had agreed with a senior government official to have nothing more to do with the matter to avoid any conflict of interest.

The cross-party parliamentary committee said Sharp's decision not to tell it or the appointment panel about the matter during the appointment process was a breach of the standards expected of individuals applying for such public appointments.

"Such a significant error of judgment meant we were not in the full possession of the facts when we were required to rule on his suitability for the role of BBC Chair," acting committee Chair Damian Green said.

Sharp should consider the impact his omissions would have on trust in him, the BBC and the public appointments process, the committee's report said.

The chair of the broadcaster, which is funded by a licence fee paid by TV-watching households, is appointed on the recommendation of the government.

A spokesperson for Sharp said: "Mr Sharp appreciates that there was information that the committee felt that it should have been made aware of in his pre-appointment hearing. He regrets this and apologises."

Sharp also apologised again to the broadcaster's staff for the distraction caused to the BBC.

The opposition Labour Party said Sharp's position was "increasingly untenable".

Britain's public appointments watchdog is also reviewing Sharp's appointment.

Government minister Andrew Mitchell told the BBC on Sunday: "We need this inquiry to take place but then I think it will be a matter largely for the board of the BBC to make a recommendation to government."

($1 = 0.8293 pounds)
Newsletter

Related Articles

0:00
0:00
Close
Northern Ireland Secures Additional Infrastructure Funding From UK Treasury
Wales Approves Port Investment Plans to Support Green Energy Supply Chains
UK Financial Regulator Simplifies Stock Market Rules to Attract More Listings
UK Reports Decline in Small Boat Crossings Across the English Channel
UK Government Creates Emergency Support Fund for Financially Pressured Universities
Scottish Government Launches Economic Strategy Focused on Innovation and Renewable Industries
UK Expands Sustainable Farming Incentives to Support Environmental Measures
UK Government Introduces New Neighbourhood Policing Standards Across England and Wales
UK Competition Regulator Opens Review of Artificial Intelligence Foundation Models
UK Deepens Indo-Pacific Security Cooperation After Talks With Singapore and Japan
UK Announces Rail Modernisation Plan for Northern England With New Infrastructure Funding
UK Government Updates Housing Planning Rules to Accelerate Residential Construction
UK Approves Major North Sea Offshore Wind Project to Support Clean Power Goals
UK Health Service Begins Major Digital Upgrade to Cut Hospital Waiting Times
Bank of England Holds Interest Rates Steady as UK Inflation Pressures Remain Persistent
UK Universities and Industry Expand Space and Defense Research Partnerships
House of Lords Approves Social Housing Bill Amendments on Shared Ownership Rights
House of Lords Advances Civil Aviation Bill With New Passenger Protection Measures
UK Government Suspends Tariffs on Fertilizer and Food Imports to Reduce Costs
Russell Group Universities Support New UK Business Department Focused on Innovation
UK Parliament Opens Inquiry Into Transport Barriers Facing Young Jobseekers
Home Builders Federation Calls for Lower Costs as New UK Government Sets Housing Priorities
Andy Burnham Meets UK Devolved Leaders to Strengthen Regional Cooperation
Andy Burnham Holds First International Calls With Trump, Macron, and Zelenskyy
Andy Burnham Reshuffles Cabinet With John Healey Appointed Chancellor of the Exchequer
Andy Burnham Government Removes VAT From Electricity Bills to Cut Household Costs
Andy Burnham Becomes United Kingdom Prime Minister After Sir Keir Starmer Resigns
Miliband Sets Climate and International Law at Centre of UK Diplomacy
US Gasoline Returns to $4 as Renewed Iran Fighting Disrupts Oil Flows
Czech Central Bank Governor Rejects Early Euro Entry and Rate-Cut Pressure
Trump Orders 50% Tariffs on Selected Canadian Imports
Pentagon Discloses Nearly 100 US Troop Injuries During Renewed Iran Fighting
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
US Judge Pauses Paramount Skydance and Warner Bros Discovery Merger Over Antitrust Concerns
NHS England Faces Growing Retention Pressure Among Younger Midwives
UK Data Centre Expansion Faces Water and Grid Capacity Challenges
UK Defence Shares Rise After John Healey Appointment and Continued Spending Commitments
OECD Urges UK Government to Review Pension Triple Lock to Protect Public Finances
Bank of England Keeps Cautious Approach as Energy Costs Threaten Inflation Progress
County Councils Call for Wider Devolution and Long-Term Social Care Funding Reform
IMF Urges UK Government to Maintain Fiscal Discipline as Growth Forecast Slows
Russian Warship Holds Live-Fire Exercises Near UK Coast as Royal Navy Monitors Activity
Mitie Agrees Three Point One Billion Pound Takeover by OCS in Another Blow to London Listings
JPMorgan Chase Warns Bank Levies Could Hit UK Growth and Drive Capital Away
UK Unemployment Holds at Four Point Nine Percent as Labour Market Shows Resilience
UK Government Borrowing Falls Below Forecasts as Treasury Receives Early Fiscal Boost
John Healey Cuts VAT on Household Electricity Bills After Cancelling National Digital ID Scheme
Andy Burnham Forms New Labour Government With Ten-Year National Renewal Plan
EU Imposes Record €550 Million Digital Services Fine on AliExpress
UK Publishes Updated Consumption-Based Carbon Emissions Data
×