Mr Branson is very careful not to make too much of a taxable profit but is very keen on collecting his dividend from his brand licensing company based in a tax haven.
When it comes to taxpayer funded loans the back of the queue is clearly visible.
Virgin Group Holdings payments appears in Virgin Atlantic's accounts as a "marketing expense". Virgin Enterprises collects royalties from global Virgin brands. In 2018, it reported revenues of £75 million, £51 million pre-tax profit and paid £9 million corporation tax. It paid an £85 million dividend to its sole shareholder: Virgin Group Holdings.
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