London Daily

Focus on the big picture.
Monday, Aug 11, 2025

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
New Road Safety Measures Proposed in the UK: Focus on Eye Tests and Stricter Drink-Driving Limits
Viktor Orbán Criticizes EU's Financial Support for Ukraine Amid Economic Concerns
South Korea's Military Shrinks by 20% Amid Declining Birthrate
US Postal Service Targets Unregulated Vape Distributors in Crackdown
Duluth International Airport Running on Tech Older Than Your Grandmother's Vinyl Player
RFK Jr. Announces HHS Investigation into Big Pharma Incentives to Doctors
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Security flaws in a carmaker’s web portal let one hacker remotely unlock cars from anywhere
Street justice isn’t pretty but how else do you deal with this kind of insanity? Sometimes someone needs to standup and say something
Armenia and Azerbaijan sign U.S.-brokered accord at White House outlining transit link via southern Armenia
Barcelona Resolves Captaincy Issue with Marc-André ter Stegen
US Justice Department Seeks Release of Epstein and Maxwell Grand Jury Exhibits Amid Legal and Victim Challenges
Trump Urges Intel CEO Lip-Bu Tan to Resign Over Alleged Chinese Business Ties
Scotland’s First Minister Meets Trump Amid Visit Highlighting Whisky Tariffs, Gaza Crisis and Heritage Links
Trump Administration Increases Reward for Arrest of Venezuelan President Maduro to Fifty Million Dollars
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
OpenAI Launches GPT‑5, Its Most Advanced AI Model Yet
Embarrassment in Britain: Homelessness Minister Evicted Tenants and Forced to Resign
President Trump nominated Stephen Miran, his top economic adviser and a critic of the Federal Reserve, to temporarily fill an open Fed seat
The AI-Powered Education Revolution: Market Potential and Transformative Impact
Chikungunya Virus Outbreak in Southern China: Over 7,000 Hospitalized
French wine makers have seen catastrophic damage to vines that were almost ready to be harvested after the worst fires in more than 70 years burned through the south of the country
US Lawmaker Probes Intel CEO’s China Ties Amid National Security Concerns
Brazilian President Lula says he’ll contact the leaders of BRICS states to propose a unified response to U.S. tariffs
Trump Open to Meeting Putin as Soon as Next Week, with Possible Trilateral Summit Including Zelenskiy
Katy Perry and Justin Trudeau spark dating rumors, joining high stakes world of celeb-politician romances
US envoy Steve Witkoff arrived in Moscow to seek a breakthrough in the Ukraine war ahead of President Trump’s peace deadline
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Nine people have been hospitalized and dozens of salmonella cases have been reported after an outbreak of infections linked to certain brands of pistachios and pistachio-containing products, according to the Public Health Agency of Canada
Karol Nawrocki Inaugurated as Poland’s President, Setting Stage for Clash with Tusk Government
Trump Signals JD Vance as ‘Most Likely’ MAGA Successor for 2028
US Charges Two Chinese Nationals for Illegal Nvidia AI Chip Exports
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
U.S. Tariff Policy Triggers Market Volatility Amid Growing Global Trade Tensions
Tariffs, AI, and the Shifting U.S. Macro Landscape: Navigating a New Economic Regime
Representative Greene Urges H-1B Visa Cuts Amid U.S.-India Trade Tensions
U.S. House Committee Subpoenas Clintons and Senior Officials in Epstein Investigation
Sydney Sweeney Registered as Republican as Controversial American Eagle Ad Sparks Debate
Trump Accuses Major Banks of Politically Motivated Account Denials and Prepares Executive Order
TikTok Removes Huda Kattan Video Over Anti-Israel Conspiracy Claims
Trump Threatens Tariffs on India Over Russian Oil Imports
German Finance Minister Criticizes Trump’s Attacks on Institutions
U.S. Proposes Visa Bond of Up to $15,000 for Some Applicants
U.S. Farmers Increase Lobbying Amid Immigration Crackdown
Elon Musk Receives $23.7 Billion Tesla Stock Award
Texas House Paralyzed After Democrats Walk Out Over Redistricting
Mexican Cartels Complicate Sheinbaum’s U.S. Security Talks
Mark Zuckerberg Declares War on the iPhone
×