Nicky Morgan and George Osborne turn down chance to head BBC

Nicky Morgan and George Osborne have both ruled themselves out of the BBC chairmanship, leaving the way clear for Richard Sharp.

The former investment banker at Goldman Sachs who now advises Rishi Sunak was revealed as a leading contender by The Times yesterday.

His path to the powerful role has been smoothed by the decisions of Baroness Morgan of Cotes and Mr Osborne not to apply.

The former culture secretary formally told Downing Street and the department for culture, media and sport last week that she did not want to enter the race. Mr Osborne, the former chancellor, has also decided not to put his name forward for the role.

BBC figures were reluctant to express a public opinion on Mr Sharp yesterday, insisting the