Branson dove into the banking sector with the purchase of Northern Rock (now Virgin Money) at the height of the financial crisis. Branson says that venture is going well and a lot of that is because the Virgin brand is a name people trust.
With the wide range of businesses Branson is involved in (airlines, banking, entertainment) he does have his finger on the pulse of much of the economy globally, so his opinion (although he is notoriously optimistic) does carry some weight.
With the wide range of businesses Branson is involved in (airlines, banking, entertainment) he does have his finger on the pulse of much of the economy globally, so his opinion (although he is notoriously optimistic) does carry some weight.
