Richard Sharp donated £400,000 to party and used to be Rishi Sunak’s boss
The Tories are expected to announce the appointment tomorrow of former Goldman Sachs banker Richard Sharp as the new chair of the BBC. Mr Sharp is a Tory donor who had given more than £400,000 to the party up to 2010.
In 2014, Sharp was forced to deny that his attendance at a Tory fundraising party, while a member of the Bank of England’s most senior regulatory committee, breached rules. Weeks before the party, he had told MPs on the Treasury Select Committee:
I intend to be, and will be, completely independent in fulfilling my duties as a member of the FPC … Having been a donor to one party, I think it is perfectly legitimate for this question to be asked. I can give you my assurance that I will be independent.
Sharp used to be Chancellor Rishi Sunak’s banking boss and, in 2014, was understood to have a personal ‘worth’ of around £100 million.
The conduct of the BBC during the 2019 general election, in which it abandoned even the token pretence of impartiality that had allowed the ‘Corbyn surge’ of 2017, is a stain on the UK’s supposed democratic fabric. The corporation’s closeness to the Tory party shows no sign of being reduced by the appointment of its new chair.
The news underlines even more deeply the importance of the independent media. Support it if you can.
The SKWAWKBOX needs your help. The site is provided free of charge but depends on the support of its readers to be viable. If you can afford to, please click here to arrange a one-off or modest monthly donation via PayPal or here to set up a monthly donation via GoCardless (SKWAWKBOX will contact you to confirm the GoCardless amount). Thanks for your solidarity so SKWAWKBOX can keep bringing you information the Establishment would prefer you not to know about.
If you wish to republish this post for non-commercial use, you are welcome to do so – see here for more.