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Hello and welcome to Coffee House Shots, the spectators' daily politics podcast.

I'm Cindy Yu and I'm joined by Isabel Hardman and Katie Bors.

So this morning the BBC chairman, Richard Sharp, has finally resigned after being quite beligored

as a new report into his appointment came out. Katie, tell us about what's happened.

So this all relates back to a story, I think first reported by the Sunday Times,

which was Richard Sharp's alleged involvement in facilitating a 800,000-hand loan for Boris Johnson

while he was in 10 Downing Street. Now, the role that he played, if you look at the time known

was before he was appointed as BBC chairman. In this appointment, he was the government's

preferred candidate and therefore quite quickly after the original story, there are questions about

impropriety, did the fact that he helped facilitate a loan factor into why the government

preferred him and a government led by Boris Johnson, who of course benefited from the loan,

is that why he was then the favoured candidate. Now, Richard Sharp has a long-running relationship

with the Tory party, he has helped Richard Sharp as soon act during his time as Chancellor,

the pair go back in terms of they were colleagues released across over during the time in finance,

so he's not just a Boris Johnson figure and of course has a career for his own, but this is

where it all came from and as a result event for a reported investigation by Adam Heffinstone,

KC and the report today has found that he did breach the code and public appointments by failing to

declare his connection to the loan when he went through that process. Now, in response, Richard Sharp

...