The banks have at least £250m owed to them, Sky News reported, as Sir Richard Branson’s airline conducts emergency talks with the Government and private investors in search of a £500m lifeline. Last week, Sir Richard sold m (£288m) worth of shares in his space venture, Virgin Galactic, and is expected to use the funds as part of an investment in the airline. Gallery: How Branson's gone from Virgin victories to COVID-19 controversy (Lovemoney) The signatories warned that without the possibility of “air bridges”, the two week requirement for people to isolate at home when arriving in the UK would devastated businesses and tourism.
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