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Old 20th Apr 2020, 18:07
  #197 (permalink)  
wisecaptain
 
Join Date: Aug 2011
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Rishi Sunak clearly stated that VS should find a solution .
Branson can approach the credit markets and show some willing to borrow just as Carnival Cruise did . A few months ago they borrowed $500Million at 1% compared to a couple of weeks ago where they had to pay 15% .... but they payed and they survive .
Its there and available if Branson wants it , he just doesnt want to put VS and himself on the hook for expensive credit that would allow the creditors to hold him by the short and curlies . He wants the easy option from the UK Govt where by he can delay delay and delay repayments with whatever excuses he wants .
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