So, Bain bought Virgin “before” the pandemic; not out of administration because of the pandemic? Might need to correct that foundation faux pas.
These type of businesses have funds to buy highly valuable distressed assets, at a time when most are hunkering down trying to survive. Then they extract as much blood from it as possible. Grow or hold it for profit and then sell when a good offer comes along.
This is not about fairness or equity. It is about greed.
Running over judicial systems and government bodies puts into perspective the small speed hump that employees (individuals) are. This is who they are. The head of the local ship is the equivalent to a praying mantis.
opinion only.