Sir Richard Branson offers to part with Necker Island in return for £500m Virgin airlines bailout
The Virgin boss has rebutted claims he wants 'free money' saying the arrangement would take the form of a 'commercial loan'
Sir Richard Branson has offered to put Caribbean retreat Necker Island up as collateral in return for a taxpayer-backed bailout of his airline group.
The billionaire issued an impassioned plea for governments to save his business empire after admitting he has no “cash in the bank”.
https://www.telegraph.co.uk/business/2020/04/20/sir-richard-branson-has-no-cash-bank-pleads-taxpayer-support/