BBC chairman faces calls to quit after helping secure £800k loan for Boris Johnson

BBC chairman Richard Sharp is facing calls to quit for helping secure an £800,000 loan for Boris Johnson.

A damning Westminster report found the broadcaster boss had made “significant errors of judgement”.

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MPs blasted him for failing to reveal his part in arranging the cash for the then-PM when he was applying to the role.

Revelations that Mr Sharp introduced Mr Johnson’s cousin, Sam Blyth, to the Cabinet Secretary to discuss the possibility of the loan has sparked accusations of cronyism.

Last night Labour’s shadow culture secretary Lucy Powell said his position “is now increasingly untenable”.

And SNP MP John Nicolson, who sits on the Commons committee, said Mr Sharp's position is now "extremely difficult".

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An investigation into Mr Sharp’s appointment process is currently ongoing.

A spokesman for Mr Sharp said he "regrets" not telling MPs about his involvement with Mr Blyth "and apologises";.

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