Live updates

Sir Richard Branson retires to holiday island

Sir Richard Branson has left Britain and is living on his holiday island of Necker in the British Virgin Islands, it has been confirmed. He moved there seven years ago, a spokesman said.

Sir Richard Branson who has left Britain and is living on his holiday island of Necker in the British Virgin Islands. Credit: Andrew Milligan/PA Wire

The Sunday Times newspaper said that Sir Richard's decision to leave the country is a turnaround for the charismatic entrepreneur who has draped himself in the Union Jack to promote his business.

The spokesman said: "After almost 40 years of working in the UK, Richard, now in his 60s, chose to live on his island Necker in the British Virgin Islands, an island he bought in 1979.

"Since he gives 100% of any monies he earns from these to charity, it makes no difference for tax purposes whether he is in the UK or the BVI."

Advertisement

Branson: Attract 'higher quality' MPs by improving pay

Sir Richard Branson has said a wage increase for MPs could be a good thing for the country because it will attract "higher quality politicians."

In a blog on the Virgin website, Branson argued that "countries would be able to attract higher quality politicians by offering them greater rewards".

Sir Richard Branson. Credit: Press Association Images

The Virgin founder also suggested the cost could be offset by reducing the number of politicians and the size of parliament.

Branson believes changes in pay could help reduce corruption and produce a more efficient and effective government which could improve the global economy.

Read: Most MPs work hard, so should they get paid more?

Business leaders take aim at Eurosceptics in open letter

Sir Martin Sorrell and Sir Richard Branson were among the signatories to the letter attacking Eurosceptics. Credit: Chris Jackson / Rebecca Le May / Press Association

Some of the country's most prominent business leaders have accused Eurosceptic MPs of "putting politics before economics" by calling for Britain's withdrawal from the European Union.

The group, which includes the chairmen of BT, Deloitte and Lloyds along with Sir Martin Sorrell and Sir Richard Branson, said Britain's business interests and economy can only benefit from playing a central role in the EU.

In a letter to The Independent, they called for David Cameron to "strengthen and deepen" the European single market, adding: "The economic case to stay in the EU is overwhelming."

Read: Tory co-chairman in 'swivel-eyed loons' row

Aussie cops stop Branson for cycling without helmet

Branson pictured cycling in 2002. Credit: PA

Virgin founder Sir Richard Branson has been stopped by police in Adelaide for riding a bicycle without a cycling helmet.

But the billionaire avoided a £100 fine because he said he was not aware of the local cycling rules, The Telegraph reported.

"He stopped immediately and was spoken to by two police officers at the time," a spokesman said.

"He was given a caution and then put on a helmet. It was pretty straightforward."

Advertisement

'Del Boy' Branson accused over 'skimpy' Virgin uniforms

Virgin Trains has delayed the introduction of new uniforms after some female staff said blouses were see through and too low cut.

The rail operator is now offering £20 vouchers for women employees to buy undergarments to save them any embarrassment.

A union chief said staff had complained the red blouses were too flimsy and would allow male passengers to see dark bras being worn underneath.

A union has accused Sir Richard Branson of sourcing train uniforms from 'Del Boy' Trotter
A union has accused Sir Richard Branson of sourcing train uniforms from 'Del Boy' Trotter Credit: eoff Caddick/PA Wire

"Our female members are upset because they feel Sir Richard Branson is cutting corners by asking them to wear flimsy blouses which are skimpy and they feel too revealing," said Manuel Cortes of the Transport Salaried Staffs Association.

"He has asked Vivienne Westwood to design the new uniform for his air crews. Unfortunately, by contrast, it looks like he is getting the blouses for train crews from Del Boy at Trotters Independent Traders Ltd at Peckham Market."

The problem came to light after trials of a new uniform for staff on Virgin's West Coast Main Line.

Branson: Foreign Office warnings 'scaremongering'

Sir Richard Branson with Virgin Atlantic air stewardesses
Sir Richard Branson with Virgin Atlantic air stewardesses Credit: EMPICS Entertainment

The founder of Virgin Atlantic, Sir Richard Branson has told the Independent that terror warnings issued by the Foreign Office to tourists are "doing more harm than good".

The British entrepreneur said that warning of the risk of a terrorist attack was "exactly what the terrorists wanted" because it reduced tourist numbers.

In a statement the FCO said "We have a responsibility to make sure British nationals have the necessary information and advice so that they can make their own choices. We would rightly be criticised if UK lives were lost and we had not reflected a known terrorist threat in our travel advice."

Branson hails partnership between Virgin and Delta

Sir Richard Branson said the alliance between Virgin Atlantic and Delta Air Lines was "exciting" after a deal was struck between the two companies.

Sir Richard Branson Virgin
Virgin Atlantic President Sir Richard Branson. Credit: Lewis Whyld/PA Wire

Virgin Atlantic President, Sir Richard said: "This is an exciting day in Virgin Atlantic history. It signals the start of a new era of expansion, financial growth and many opportunities for our customers and our business.

"I truly look forward to the possibilities our partnership with Delta will offer. We have always been known for our innovation and service and have punched above our weight for 28 years.

"That is why our customers love us so much. We will retain that independent spirit but move forward in a strengthened partnership with Delta.”

Load more updates

Advertisement

Today's top stories