Sir Richard Branson thought 'we were going to lose everything' in pandemic

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Sir Richard Branson thought 'we were going to lose everything' in pandemic
Belgique Dernières Nouvelles,Belgique Actualités
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Sir Richard Branson says the pandemic left his businesses near collapse and him 'a little depressed'.

Sir Richard Branson has said he feared he was going to lose his entire business empire during the pandemic.

The support the company requested was, he said, "not gifts from government, but underwriting loans so the cost to the airline... was not prohibitive."eventually saw the Virgin Group inject £200m, with an additional £1bn provided by investors and creditors. Asked if those stunts now made him wince, he replied: "It would make me wince if I felt the women were uncomfortable at all.

"Communication between people is being transformed because of space travel and satellites up there," he said. "Monitoring things like the depredation of rainforests and illegal fishing... [there are] all these kinds of benefits that come from space travel."Succession planning

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