I'd hope he resigns because what he did is a sacking offence in pretty much every other job and also given the responsibilities of the job. It's further proof that Tories have the sex scandals and Labour have financial ones. Gwylan and I are firm believers in this rule.
Good point, I can't recall a single MP who has been specifically sacked from their job as MP although plenty of MPs have resigned by taking the Chiltern Hundreds.