Scottish Entrepreneur Says UK Should Help Those in Real Need Not Billionaires

FORMER panellist on the Dragons’ Den and gym chain owner Duncan Bannatyne has issued a series of tweets criticising calls for the taxpayer to help bail out airlines affected by the Coronavirus.

In a series of tweets whose targets certainly included Virgin founder Sir Richard Branson, Mr Bannatyne said: “Why should UK taxpayer bail out Billionaires? They can do that themselves. Tax payer needs to bail out the poor, the starving, the ill and the disabled that are most effected by this virus.”

He then added “Branson does not need to borrow money from tax payer. He has enough.”

“Billionaires can bail own companies out. Or put them in liquidation where they will be bought by other billionaires that will employ same people.”

All of this was in reaction to the announcement that Virgin Atlantic would be writing to the Prime Minister  requesting a credit facility to help them through what could be a long period of little income.

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Written by

John Smith

Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica. Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene. Share your story with us by emailing [email protected], by calling +34 951 38 61 61 or by messaging our Facebook page


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