[Larry the Loafer]

We’ll soon find but if someone resigns on a Saturday afternoon it’s often because a story is about to run in the Sunday papers.

It is worth pointing out that, in his statement, he still expects to be hosting the Soap Awards. If there is a story on the way, I'd assume it's not as damaging as some would expect, unless Phil is being naive/misleading.

I simply refuse to believe, however, that the man would leave purely because the papers are suggesting him and Holly aren't close anymore, especially with immediate effect. As has been suggested in this thread already, there's definitely more to this story... without saying it's in anyway defamatory towards Phillip Schofield, in the interests of not upsetting certain fellow forum users.