Latest Richard Branson News

  • Ride-sharing service Sidecar adds package deliveries
    Ride-sharing service Sidecar adds package deliveries Tue, Feb 10, 2015

    Ride-sharing service Sidecar as been experimenting with delivering flowers, groceries, hot food and other items in San Francisco More »

  • Virgin Active warms up to Johannesburg IPO - Sky News Thu, Feb 5, 2015

    (Reuters) - Virgin Active has hired South Africa-based Standard Bank Group Ltd to list the British health and fitness chain on the Johannesburg Stock Exchange, which may value the company at about 1.5 billion pounds, Sky News reported. Virgin Active, jointly owned by Sir Richard Branson's Virgin Group and CVC Capital Partners, has also hired Bank of America Merrill Lynch, Goldman Sachs Group , Morgan Stanley and UBS to work on the planned initial public offering, Sky News said. ... More »

  • Virgin Active Gets Fit For Johannesburg IPO
    Virgin Active Gets Fit For Johannesburg IPO Thu, Feb 5, 2015

    Virgin Active has picked a quintet of banks to work on a flotation that will value one of Britain's biggest health and fitness chains at around £1.5bn. Sky News has learned that Bank of America Merrill Lynch (BAML), Goldman Sachs, Morgan Stanley, Standard Bank and UBS have been hired in recent days by Virgin Active's board to work on the public listing. The timing of a flotation has not yet been finalised, but the involvement of Standard Bank, which is headquartered in South Africa, effectively confirms expectations that it will take place on the Johannesburg Stock Exchange, reflecting the fast-growing nature of its operations on the continent. Insiders said that BAML, Morgan Stanley and Standard Bank were expected to take the most senior roles in arranging the listing. More »

  • New Virgin Galactic plane on way
    New Virgin Galactic plane on way Thu, Feb 5, 2015

    Work has started on a new Virgin Galactic spaceship after the original craft broke up and crashed on a test flight in October, killing one of its pilots. More »

  • Richard Branson had to write Gay Byrne’s name on his hand to remember who he …
  • Pensioner, 78, Gets Tax Bill... For £4.7bn!
    Pensioner, 78, Gets Tax Bill... For £4.7bn! Mon, Feb 2, 2015

    A pensioner who received an unpaid bill of more than £4.7bn says the tax man must have mistaken him for tycoon Richard Branson. Doug Yeomans, 78, from Shardlow, Derbyshire, said the letter from HM Revenue & Customs ordered that a direct debit of almost £950m a month would be taken out of his account for the next five months to pay off the debt. The father-of-two told Sky News: "I was a bit shocked when I saw the amount, I'm used to hundreds, not billions. More »

  • Virgin Media wants Ofcom to pause Premier League TV rights auction
    Virgin Media wants Ofcom to pause Premier League TV rights auction Thu, Jan 29, 2015

    Virgin Media has written to TV regulator Ofcom to request that the TV rights auction for live Premier League football is paused. The Sir Richard Branson backed business is "urging Ofcom to use its powers" to put a stop to the current bidding process for the broadcasting rights that will run from 2016 to 2019, as the watchdog has yet to conclude its investigation into the auction. Ofcom is set to finalise its investigation in March. More »

  • Brand among top influential people
    Brand among top influential people Mon, Jan 26, 2015

    The Prince of Wales, comedian Russell Brand and v logger-turned-author Zoella all feature on a list of the 500 most influential people in Britain today. More »

  • Howard Marks Diagnosed With Bowel Cancer
    Howard Marks Diagnosed With Bowel Cancer Sun, Jan 25, 2015

    Former drug smuggler and author Howard Marks says he has been diagnosed with inoperable bowel cancer. Marks, dubbed "the most sophisticated drugs baron of all time", grew up in Wales. More »

  • Electronica pioneer Froese of Tangerine Dream dead at 70
    Electronica pioneer Froese of Tangerine Dream dead at 70 Sat, Jan 24, 2015

    Edgar Froese, whose band Tangerine Dream crafted an ambient and futuristic sound that set the stage for generations of electronic artists, has died, his son said. He was 70. More »

  • Virgin, Qualcomm to invest in Internet-via-satellite venture
    Virgin, Qualcomm to invest in Internet-via-satellite venture Fri, Jan 16, 2015

    By Irene Klotz CAPE CANAVERAL, Fla. (Reuters) - Richard Branson's Virgin Group and Qualcomm Inc will invest in a venture to build and fly a constellation of 648 satellites that can provide high-speed, global Internet access, company officials said on Thursday. Some of the spacecraft will be launched by Virgin's spaceflight company, Virgin Galactic, which is developing a satellite-delivery service called LauncherOne, as well as a fleet of passenger suborbital vehicles, called SpaceSpaceTwo. Virgin Galactic's first spaceship was destroyed during a fatal test flight last year. WorldVu Satellites Limited, now operating as OneWeb, is currently reviewing proposals from potential manufacturers, company founder and Chief Executive Officer Greg Wyler said in a phone interview on Thursday. More »

  • Honeymooning Ainslie rescued by Branson
    Honeymooning Ainslie rescued by Branson Tue, Jan 13, 2015

    Four-time Olympic champion Ben Ainslie revealed on Tuesday that he and his new wife were helped by British entrepreneur Richard Branson after running into trouble while sailing on their honeymoon. More »

  • Sir Ben thanks Branson for rescue
    Sir Ben thanks Branson for rescue Tue, Jan 13, 2015

    Olympic sailing champion Sir Ben Ainslie and his wife Georgie Thompson have spoken of their gratitude to Sir Richard Branson after he came to their aid when their boat suffered mechanical problems during their honeymoon. More »

  • Sir Ben rescued near Branson island
    Sir Ben rescued near Branson island Mon, Jan 12, 2015

    Sir Richard Branson claims staff from his private island retreat had to go to the aid of Olympic medallist Sir Ben Ainslie after the sailor had problems with his yacht while on honeymoon. More »

  • AirAsia tipped to surmount first major crisis
    AirAsia tipped to surmount first major crisis Sun, Jan 11, 2015

    AirAsia passenger planes are seen parked on the tarmac of the low-cost carrier Kuala Lumpur International Airport 2 (KLIA2), in Sepang, on January 10, 2015 More »

  • Virgin Active Limbers Up For £1.5bn Float
    Virgin Active Limbers Up For £1.5bn Float Wed, Jan 7, 2015

    Virgin Active will take a big stride towards a stock market listing this month when it invites City advisers to pitch for a role on a flotation in South Africa. More »

  • Virgin Plane Drama Pilot 'Just Doing Job' Wed, Dec 31, 2014

    The pilot who successfully landed a Virgin Atlantic jet at Gatwick Airport after a major landing gear fault has said he was just doing his job. More »

  • Plane drama pilot 'just doing job'
    Plane drama pilot 'just doing job' Wed, Dec 31, 2014

    The pilot who dramatically landed a Virgin Atlantic jet after a major landing-gear fault forced it to turn back has said he was just doing his job. More »

  • Why Jamal Edwards absolutely deserves his MBE
    Why Jamal Edwards absolutely deserves his MBE Tue, Dec 30, 2014

    The music entrepreneur is topping of a fab year with an honour More »

  • Virgin Plane's 'Non-Standard' Landing On Video
    Virgin Plane's 'Non-Standard' Landing On Video Tue, Dec 30, 2014

    Pilots have pulled off an emergency landing in a Virgin jet that developed a landing gear problem and was forced to circle over the UK for four hours. More »

  • Virgin Atlantic plane with landing-gear fault lands safely Mon, Dec 29, 2014

    LONDON (Reuters) - A Virgin Atlantic plane with landing-gear problems safely made a "non-standard" landing on Monday at London's Gatwick Airport, which for a few hours was forced to delay flights taking off and to divert incoming planes. Television coverage showed the Virgin Boeing 747 came to a rest after a bumpy but otherwise controlled landing. The passengers, who were scheduled to fly to Las Vegas, were later seen leaving the aircraft by stairs. "Virgin Atlantic can confirm that flight VS43 has landed safely back at Gatwick," the company said in a statement. ... More »

  • Branson hails jet pilots and crew
    Branson hails jet pilots and crew Mon, Dec 29, 2014

    Sir Richard Branson has added to the heartfelt thanks expressed by terrified passengers to the crew of a stricken Virgin Atlantic jumbo jet that landed safely at Gatwick airport. More »

  • Widely-hailed AirAsia boss facing first major crisis
    Widely-hailed AirAsia boss facing first major crisis Mon, Dec 29, 2014

    Director of AirAsia Tony Fernandes (L) speaks with Indonesian Minister of Transport Ignatius Jonas at the airport in Jakarta on December 29, 2014 More »

  • Flamboyant AirAsia boss confronts first major crisis
    Flamboyant AirAsia boss confronts first major crisis Sun, Dec 28, 2014

    Malaysian mogul Tony Fernandes, who transformed a floundering carrier into Asia's biggest budget airline, faces his first major crisis after an AirAsia plane went missing Sunday with 162 people on board. More »

  • Orphaned by tsunami, flip-flop kings repay Sri Lankan kindness
    Orphaned by tsunami, flip-flop kings repay Sri Lankan kindness Tue, Dec 23, 2014

    A decade after being orphaned by the Asian tsunami, British brothers Rob and Paul Forkan are successful entrepreneurs who are giving back to the Sri Lankans who helped them by building an orphanage. More »

  • British tsunami brothers use funky footwear to help children Mon, Dec 22, 2014

    By Belinda Goldsmith LONDON (Thomson Reuters Foundation) - When British brothers Rob and Paul Forkan survived the Indian Ocean tsunami 10 years ago that killed both their parents, they knew they had to use their lives to help other children in need. On Dec. 26, 2004, the then teenagers awoke in a beachside hotel room in Sri Lanka as a wall of water ripped through coastal communities in 14 countries, claiming 230,000 lives. ... More »

  • Tsunami Orphans Inspired By 'Desperate Need'
    Tsunami Orphans Inspired By 'Desperate Need' Mon, Dec 22, 2014

    When Rob and Paul Forkan were orphaned in the Boxing Day tsunami their story was never told. More »

  • Dr. Phil's startup launches video visits with U.S. therapists
    Dr. Phil's startup launches video visits with U.S. therapists Wed, Dec 10, 2014

    By Christina Farr SAN FRANCISCO (Reuters) - Doctor On Demand is the latest Silicon Valley startup to bet that people will turn to mobile devices for confidential counselling. The company has launched a web and mobile service to connect people with its network of U.S. psychologists. The Doctor On Demand app is available on mobile devices with both Google Inc's Android and Apple Inc's iOS platforms. Doctor On Demand was founded by daytime talk show personality Dr. Phillip McGraw, popularly known as Dr. Phil, as well as his son Jay McGraw and entrepreneur Adam Jackson. ... More »

  • Singaporean Fund Backs Branson Cruise Venture
    Singaporean Fund Backs Branson Cruise Venture Mon, Dec 1, 2014

    A Singaporean sovereign wealth fund is to back Sir Richard Branson's attempt to break into the global cruise market. More »

  • East Coast Rail Winner Makes Service Pledge
    East Coast Rail Winner Makes Service Pledge Thu, Nov 27, 2014

    Passengers using the East Coast main line are being promised massive improvements including new routes, trains and carriages by the consortium set to take over the franchise. More »

  • Key London-Edinburgh train line re-privatised
    Key London-Edinburgh train line re-privatised Thu, Nov 27, 2014

    Virgin Trains will have a 10% stake in Inter City Railways -- a new consortium which will run East Coast Main Line for the next eight years after it agreed to pay £3.3 billion to run the 393-mile line ... More »

  • French regulator approves Numericable-Virgin deal
    French regulator approves Numericable-Virgin deal Thu, Nov 27, 2014

    PARIS (Reuters) - France's competition watchdog said on Thursday it had given its go-ahead to Numericable's purchase of Virgin Mobile France. Numericable, which is also in the process of buying number 2 mobile operator SFR, agreed in June to buy Virgin Mobile France from owners Britain's Carphone Warehouse and entrepreneur Richard Branson's Virgin Group for an enterprise value of 325 million euros. As an MVNO, Virgin Mobile rented capacity on the network of SFR so as to serve its customers. ... More »

  • Britain awards East Coast rail contract to Stagecoach-Virgin JV
    Britain awards East Coast rail contract to Stagecoach-Virgin JV Thu, Nov 27, 2014

    By Sarah Young LONDON (Reuters) - Britain said it would award a contract to run trains between London and Scotland to a Stagecoach and Virgin partnership, returning the East Coast line to private control after five years in state hands. Britain's Department for Transport (DfT) on Thursday selected the duo over the other two shortlisted bidders, British transport company FirstGroup and a Keolis-Eurostar joint venture controlled by the French state railways SNCF. The government said it would receive about 3. ... More »

  • Virgin's Sam Bird wins in Malaysia Formula E race
    Virgin's Sam Bird wins in Malaysia Formula E race Sat, Nov 22, 2014

    Virgin Racing driver Sam Bird put up a superb performance Saturday to clinch victory in the Formula E on the Putrajaya street circuit in Malaysia despite a raging Lucas Di Grassi hot on the Englishman's heels. More »

  • Scathing Reviews That Got The World Talking
    Scathing Reviews That Got The World Talking Wed, Nov 19, 2014

    The review of the Broadway Hotel in Blackpool is just the latest in a long line of reviews that have gone viral. Here are some of the most memorable. More »