Why Richard Branson isn’t afraid to fail: Four Virgin businesses that didn’t work out September 9, 2014 It was only a year ago that Richard Branson was prancing around in a red kilt at the launch of Little Red, his domestic airline for the UK, which was designed to provide competition after British Airways owner International Airline Group acquired BMI. Since its launch, though, Little Red has been dogged by rumours [...]
Richard Branson’s PM Chequers boast sparks awkward Twitter questions August 14, 2014 Richard Branson’s latest blog has been conjuring some awkward questions on Twitter. The entrepreneur wrote about relationship between business and politics before stating, “Dined at Chequers with 9 of last 10 Prime Ministers. Won’t reveal who didn’t invite me – was it something I said?!” Impressive, you might say. But Michael Jary, partner at OC&C [...]
Sir Richard Branson mouths off over being forced to wear a tie July 3, 2014 You’d imagine being a billionaire would mean never having to do something you really don’t want to do. If you don’t want to eat your greens, consider them gone. If you really dislike pairing socks, there’s someone else can do that for you. But it seems the UK’s favourite billionaire Sir Richard Branson [...]
Richard Branson leads $25m investment round in FX group TransferWise June 9, 2014 RICHARD Branson has led a $25m (£15m) investment round in London-based money transfer business TransferWise, the company will reveal today. TransferWise is an international money transfer platform, using peer-to-peer technology to cut the exchange fees charged by banks and brokers. “Financial services such as foreign exchange have been ripe for disruption for decades and it’s [...]
Richard Branson bets on Bitcoin with new stake in payment firm May 13, 2014 BITPAY, the Atlanta-based Bitcoin payments processor, has reportedly raised $30m (£17.8m), and Richard Branson is one of the investors. In an email cited by the Wall Street Journal, the business magnate took the opportunity to make a statement about virtual currency more widely, saying: “Banking as we know it is in the midst of enormous [...]
How Richard Branson’s getting behind virtual currency May 13, 2014 Bitpay, the Atlanta-based Bitcoin payments processor has reportedly raised $30m (£17.8m), and Richard Branson is one of the investors. In an email cited by the Wall Street Journal, the business magnate took the opportunity to make a statement about virtual currency more widely, saying: “Banking as we know it is in the midst of enormous change [...]
Branson’s airline narrows its losses April 24, 2014 VIRGIN Atlantic expects the benefits of its cost-cutting plan and a tie-up with US carrier Delta Air Lines to help it back to profit by the end of this year. Virgin, which is in the middle of a two-year turnaround plan under new boss Craig Kreeger, halved its group pre-tax loss of £51m last year. [...]
Richard Branson defends his move from UK to Necker Island October 13, 2013 SIR Richard Branson insisted yesterday that his decision to leave Britain to live on Necker Island is not to save on his tax bill. The billionaire entrepreneur said he had lived on the private island for seven years, and that the move was motivated by a change in lifestyle rather than tax efficiency. Branson transferred [...]
The Phone War October 25, 2005 Richard Branson and Charles Dunstone lead our troops into battle over mobile networks in France. Precisely 200 years after Nelson’s victory at Trafalgar, a new Anglo-French battlefront has opened up, this one over mobile telephone networks. Sir Richard Branson is leading the troops in this latest skirmish. Yesterday, he announced a joint venture with Carphone [...]