BBC Chairman Richard Sharp Resigns Amid Loan Scandal

Richard Sharp, the outgoing chairman of the BBC, has resigned after a report found that he failed to disclose a potential conflict of interest over his role in arranging a loan for Boris Johnson. Sharp helped arrange the line of credit for the former prime minister in early 2021, weeks before he was appointed to the BBC post on the government’s recommendation. The guarantor for the £800,000 line of credit was businessman Sam Blyth, a distant cousin of Johnson’s who founded a chain of private schools in Canada. Sharp is the latest in a string of politicians and officials brought down through their association with Johnson.