Downing Street says:

“The Prime Minister has now seen the interim findings of the Ministry of Defence’s permanent secretary review into Liam Fox’s relationship with Mr Adam Werrity, and discussed them with the Cabinet secretary. 

It is clear, as Liam Fox himself said yesterday, that serious mistakes were made in allowing the distinction between professional responsibilities and personal loyalties to be blurred – and this has clearly raised concerns about impropriety and potential conflicts of interest.

While the permanent secretary’s initial conclusion is that no classified or other defence related official information was discussed with or given to Mr Werrity by the secretary of state or the department, it is clear that much tighter procedures are needed within the department to ensure that the ministerial code is properly adhered to in future. 

Following these interim findings the Prime Minister has asked the Cabinet secretary to work with the permanent secretary to complete the report, addressing all the remaining questions that have been raised by this issue.”

Fox survives to fight another day, but new procedures are not needed, the old rules just need to be stuck to.