Should Britain legalise cannabis? Virgin boss Richard Branson thinks so February 12, 2024 Virgin boss Richard Branson has appealed to the UK government to legalise and regulate cannabis, claiming it would save lives and bring in more tax. The entrepreneur and tycoon penned a heartfelt blog saying the move “makes sense”, and that the efforts to legalise it are ones he has “long supported”. Branson said he backed [...]
Virgin Wines sees sales tick up despite ‘subdued’ consumer landscape January 22, 2024 Virgin Wines has reported that sales ticked up in the second half of 2023, despite a “subdued consumer economic landscape” which has weighed heavily on the sector's bottom line over the last year.
Virgin Atlantic chief Shai Weiss: UK ‘short sighted’ on red tape rules for connecting flights November 30, 2023 New red tape imposed on passengers travelling via connecting flights is hurting UK aviation's competitiveness, Virgin Atlantic's boss said
Virgin wins damages fight with US train firm which pulled out of deal October 13, 2023 The judge said Brightline’s defence was that a clause entitled it to terminate if “the Virgin brand” had ceased to be a “brand of international high repute”.
Ranked: The best banks for customer service? Monzo and Starling steam ahead August 15, 2023 Which banks are the best for customer service? A new official ranking has been produced by the consumer regulator
Virgin Galactic is set to fly tourists to the stars – but can space tourism become more than a hobby for the super rich? August 7, 2023 Richard Branson’s Virgin Galactic is set to launch its first tourists to space on Thursday this week. The Galactic 02 mission, which follows the successful launch of the companies’ first commercial flight in June, will carry three paying customers – an 80-year old Olympian and a Caribbean mother-daughter duo. Launching from Spaceport America in New [...]
NatWest, Lloyds, HSBC, Barclays and Santander leaders meet Jeremy Hunt in ‘productive’ mortgage crisis talks June 23, 2023 Bank bosses held a “productive” meeting with Chancellor Jeremy Hunt as the rates increase worsens the mortgage crisis. Natwest chief executive Alison Rose, speaking to reporters as she left Downing Street, said lenders were “doing everything we can” and were “very keen” to help customers. Lloyds Banking Group boss Charlie Nunn described the meeting as [...]
Virgin Orbit: Branson’s botched rocket project sells off assets and ends operations May 24, 2023 Virgin Orbit, Richard Branson’s failed rocket project, announced it are selling remaining assets and will cease operations, just months after an embarrassing mission failure. In a statement, the “responsive space launch provider” said our “legacy in the space industry will forever be remembered. Its ground-breaking technologies, relentless pursuit of excellence, and unwavering commitment to advancing the frontiers [...]
Broadband firms urged to cancel ‘exorbitant’ mid-contract price hikes for vulnerable customers March 21, 2023 Broadband firms have been urged to cancel “exorbitant” mid-contract price rises for vulnerable customers less than two weeks before they are due to take effect. Millions of broadband and mobile phone customers can expect to face monthly bill increases of at least 14 per cent from April. Providers often link their annual price rises to [...]
Richard Branson’s Virgin Orbit crashes back to earth as firm pauses operation to secure more funding March 17, 2023 Richard Branson’s satellite launch firm Virgin Orbit has paused operations, the company said, amid reports that it is working to secure additional funding. The news comes after the company, which is based in California, failed in its first ever satellite mission from UK soil in January. In a statement, the company said: “Virgin Orbit is initiating a company-wide operational pause, [...]