Yentob’s statement in full:

“The BBC is going through particularly challenging times and I have come to believe that the speculation about Kids Company and the media coverage revolving around my role is proving a serious distraction.

“So I have spoken to Tony Hall and told him that I think it best that I step down from my senior management role as Creative Director at the end of this year and focus on programme making and TV production – including of course the Imagine Series. I will also continue supporting Christine Langan and her team as Chairman of BBC Films.

“I love the BBC and will continue to do everything I can to ensure that it thrives and fulfills the great expectations we all have of it.”

At last!