‘PR posturing’: Richard Branson savaged after offering Caribbean island to secure UK govt bailout as Covid-19 knocks airline ...United Arab Emirates

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British billionaire Richard Branson has incited a furious backlash after trying to tempt the UK government to agree to a major bailout of Virgin Atlantic airlines by offering up his Necker Island in the Caribbean as collateral. The 69-year-old business magnate – who has an estimated net worth of $4.4 billion – made the pledge in a blog post on Monday, to try to secure a £500 million lifeline for his airline to help it through the “devastating impact this [Covid-19] pandemic continues to have.” The reality of this unprecedented crisis is that many airlines around the world need government support and many have already received it. Bra

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