London Daily

Focus on the big picture.
Saturday, Jan 24, 2026

Richard Sharp: Boris Johnson was told to stop asking for loan advice

Richard Sharp: Boris Johnson was told to stop asking for loan advice

Links between Boris Johnson and BBC chairman Richard Sharp are under fresh scrutiny, following a report that the then-prime minister was told to stop asking Mr Sharp for financial "advice".

Mr Sharp's appointment is under review following successive reports in the Sunday Times that he helped Mr Johnson secure a loan before getting his job.

The paper's latest story cites a leaked Cabinet Office memo from December 2020. Officials have declined to comment.

Both men deny any wrongdoing.

They have separately said that Mr Sharp was not involved in arranging a loan for the then-prime minister, and say that neither man acted with any conflict of interest.

In the wake of the Sunday Times's fresh report, a spokesman for Mr Johnson insisted to the BBC that he had never received or sought financial advice from Mr Sharp.

Mr Sharp has resisted calls to stand down from his job - saying he expects to be exonerated, as he was appointed "on merit".

BBC News has been told Mr Sharp's position remained unchanged following the latest Sunday Times reporting.

However, his appointment is to be investigated by the public appointments commissioner as well as an internal panel. He also faces a grilling from MPs.

The Conservative government has also faced attacks from opposition parties over the appointment of Mr Sharp, whose role as BBC chairman is to uphold the broadcaster's independence.

Mr Sharp has previously acknowledged that he had contacted Cabinet Secretary Simon Case in late 2020 - to discuss an offer of financial assistance for Mr Johnson.

That offer came from his wealthy Canadian friend Sam Blyth - also a distant cousin of Mr Johnson.

Mr Sharp - who worked as a government adviser at the time - has said he "simply connected people", and that his involvement in the loan facility ended at this point.

The warning to Mr Johnson was sent on 22 December 2020 - about two weeks before his government unveiled Mr Sharp as the new BBC chairman, the Sunday Times wrote.

This leaked Cabinet Office memo was reportedly sent after the two men asked for advice on Mr Johnson accepting an £800,000 loan from Mr Blyth.

It reportedly came from Mr Case, a top civil servant, around two weeks before Mr Sharp was announced in his BBC role on 6 January 2021.

Mr Johnson is said to have secured his loan the following month.

The memo allegedly requested that Mr Johnson "no longer ask [Mr Sharp's] advice about your personal financial matters", making specific reference to Mr Sharp's "imminent announcement" as BBC chairman.

The then-prime minister was reportedly told he could take out the loan - without declaring it - as long as his guarantor Mr Blyth had no "business or personal interests in the UK" beyond his family ties.

But Mr Blyth was on a government list of recommended candidates for the British Council, without senior figures in the public body realising his relation to Mr Johnson, the Sunday Times reported.


The warning to Mr Johnson was sent several weeks before Mr Sharp was unveiled as the new BBC chairman

Mr Blyth told the paper that his name was suggested by others, that he never formally decided to apply, and that he ultimately ruled himself out of the running.

Mr Johnson's spokesman told the BBC that he and his team had been unaware that Sam Blyth was being considered for a role at the British Council.

After the first questions were raised about his appointment, Mr Sharp stressed that he had been "comfortable" with the way the process had been carried out.

He said his discussion with Mr Case had been about avoiding conflicts of interest, and to ensure the correct process was followed "exactly by the book".

But, in an email sent to BBC staff, he apologised and said the row had become a "distraction".

A spokesperson for the Cabinet Office declined to comment on the leaked memo cited by the Sunday Times, of which the BBC has not seen a copy.
Newsletter

Related Articles

0:00
0:00
Close
Starmer Breaks Diplomatic Restraint With Firm Rebuke of Trump, Seizing Chance to Advocate for Europe
UK Finance Minister Reeves to Join Starmer on China Visit to Bolster Trade and Economic Ties
Prince Harry Says Sacrifices of NATO Forces in Afghanistan Deserve ‘Respect’ After Trump Remarks
Barron Trump Emerges as Key Remote Witness in UK Assault and Rape Trial
Boston Dynamics Atlas humanoid robot and LG CLOiD home robot: the platform lock-in fight to control Physical AI
United States under President Donald Trump completes withdrawal from the World Health Organization: health sovereignty versus global outbreak early-warning access
FBI and U.S. prosecutors vs Ryan Wedding’s transnational cocaine-smuggling network: the fight over witness-killing and cross-border enforcement
Trump Administration’s Iran Military Buildup and Sanctions Campaign Puts Deterrence Credibility on the Line
Apple and OpenAI Chase Screenless AI Wearables as the Post-iPhone Interface Battle Heats Up
Tech Brief: AI Compute, Chips, and Platform Power Moves Driving Today’s Market Narrative
NATO’s Stress Test Under Trump: Alliance Credibility, Burden-Sharing, and the Fight Over Strategic Territory
OpenAI’s Money Problem: Explosive Growth, Even Faster Costs, and a Race to Stay Ahead
Trump Reverses Course and Criticises UK-Mauritius Chagos Islands Agreement
Elizabeth Hurley Tells UK Court of ‘Brutal’ Invasion of Privacy in Phone Hacking Case
UK Bond Yields Climb as Report Fuels Speculation Over Andy Burnham’s Return to Parliament
America’s Venezuela Oil Grip Meets China’s Demand: Market Power, Legal Shockwaves, and the New Rules of Energy Leverage
TikTok’s U.S. Escape Plan: National Security Firewall or Political Theater With a Price Tag?
Trump’s Board of Peace: Breakthrough Diplomacy or a Hostile Takeover of Global Order?
Trump’s Board of Peace: Breakthrough Diplomacy or a Hostile Takeover of Global Order?
The Greenland Gambit: Economic Genius or Political Farce?
The Greenland Gambit: Economic Genius or Political Farce?
The Greenland Gambit: Economic Genius or Political Farce?
Will AI Finally Make Blue-Collar Workers Rich—or Is This Just Elite Tech Spin?
Prince William to Make Official Visit to Saudi Arabia in February
Prince Harry Breaks Down in London Court, Says UK Tabloids Have Made Meghan Markle’s Life ‘Absolute Misery’
Malin + Goetz UK Business Enters Administration, All Stores Close
EU and UK Reject Trump’s Greenland-Linked Tariff Threats and Pledge Unified Response
UK Deepfake Crackdown Puts Intense Pressure on Musk’s Grok AI After Surge in Non-Consensual Explicit Images
Prince Harry Becomes Emotional in London Court, Invokes Memory of Princess Diana in Testimony Against UK Tabloids
UK Inflation Rises Unexpectedly but Interest Rate Cuts Still Seen as Likely
AI vs Work: The Battle Over Who Controls the Future of Labor
Buying an Ally’s Territory: Strategic Genius or Geopolitical Breakdown?
AI Everywhere: Power, Money, War, and the Race to Control the Future
Trump vs the World Order: Disruption Genius or Global Arsonist?
Trump vs the World Order: Disruption Genius or Global Arsonist?
Trump vs the World Order: Disruption Genius or Global Arsonist?
Trump vs the World Order: Disruption Genius or Global Arsonist?
Arctic Power Grab: Security Chessboard or Climate Crime Scene?
Starmer Steps Back from Trump’s ‘Board of Peace’ Amid Strained US–UK Relations
Prince Harry’s Lawyer Tells UK Court Daily Mail Was Complicit in Unlawful Privacy Invasions
UK Government Approves China’s ‘Mega Embassy’ in London Amid Debate Over Security and Diplomacy
Trump Cites UK’s Chagos Islands Sovereignty Shift as Justification for Pursuing Greenland Acquisition
UK Government Weighs Australia-Style Social Media Ban for Under-Sixteens Amid Rising Concern Over Online Harm
Trump Aides Say U.S. Has Discussed Offering Asylum to British Jews Amid Growing Antisemitism Concerns
UK Seeks Diplomatic De-escalation with Trump Over Greenland Tariff Threat
Prince Harry Returns to London as High Court Trial Begins Over Alleged Illegal Tabloid Snooping
High-Speed Train Collision in Southern Spain Kills at Least Twenty-One and Injures Scores
Meghan Markle May Return to the U.K. This Summer as Security Review Advances
Trump’s Greenland Tariff Threat Sparks EU Response and Risks Deep Transatlantic Rift
Prince Harry’s High Court Battle With Daily Mail Publisher Begins in London
×