Virgin Group boss Richard Branson writes open letter to employees warning Virgin Atlantic will collapse unless it receives government financial support during coronavirus outbreak
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What about his Financial wealth ? Thereโs enough for him to bail out his company! Heโs just God dam greedy ๐ก๐ก then what would you expect from a man who sued the NHS !
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Taxpayers cant bailout every business. If virgin cant furlough its staff and survive then it's not worth saving especially when part owned by foreign company Delta. Thomas Cook part owned by German firm!!! Cant let Delta benefit financially from uk taxpayer
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and the healthcare division of medical services group Assura after entering the British healthcare industry in 2011."
there are probably companies in far worse troubles.
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Sad ,sounds a tiny bit like a fishing expedition though,UK has made large sums available for loans so already there ,the salvation can be hiding.
I say in a diversified grop where,among the assets are,
"over 100 National Health Service (NHS) services in the United Kingdom
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He doesnt have ยฃ4billion in the bank. His shares in virgin are most likely worth billions. A bailout would protect that. Donate your shares Branson to taxpayer then we take ownership and bailout the company and protect virgin jobs. Bransons net worth then = a few hundred million
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Here you go people a socialist labour supporter wanting a bailout of a business he has a huge amount of his net worth invested in by the taxpayer. We should not bailout to protect his fortune.He is a uk tax exile in other words he doesnt pay any. Take his shareholding for bailout
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@richardbranson
is a multi billionaire so doesnโt it make more sense to inject few millions in
@VirginActiveUK
to save it from collapse instead of putting burden on tax payers to fund his business?
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Maybe his airline should have put something away for a rainy day or had less avocado on toast. I bet it's got a new smartphone and can afford to go clubbing every week.
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Nothing to see here. Just a phenomenally wealthy greedy man protecting his own wealth at all costs. He just doesnโt want to spend ANY of his own accrued gold.
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I donโt mind the British Taxpayer bailing out Virgin as long as :-
1. Branson makes a large personal contribution
2. Virgin on shores all Profits for tax in the mainland UK
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Doesn't pay UK tax, sued the NHS and funded that dreadful Miller woman in an attempt to stop Brexit. The government should not fund any business that doesn't pay tax in the UK.