The media group apologised and removed Martin Rowson's drawing from its website saying it 'does not meet our editorial standards' after it was branded a 'repellent explicitly racist cartoon'.
The cartoon showed a heavily-featured Mr Sharp departing with a box marked Goldman Sachs, the investment bank where he used to work, containing a squid and what appears to be a puppet of Rishi Sunak.
Next to Mr Sharp, sitting on a pile of dung is a naked Mr Johnson, shouting to him:"Cheer up matey. I put you down for a peerage in my resignation honours list." But he added:"The problem is that a squid or octopus is also a common antisemitic motif, used to depict a supposed Jewish conspiracy with its tentacles wrapped around whatever parts of society the Jews supposedly control. Especially money. Are those gold coins in the box with Sharp's squid?"
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