'Ministers must work together'

In crisis talks ... G7 Finance Ministers AP Photo/Evan Vucci HBOS collapse could have wiped out Branson airline VIRGIN Atlantic may have “disappeared” if Halifax Bank of Scotland had gone under, Sir Richard Branson said. The billionaire founder of the airline said HBOS refused to let his company withdraw one billion pounds of its money when it looked like it was set to go bankrupt last month. “Virgin Atlantic may have disappeared if HBOS had gone, it could have been that serious,” Sir Richard said. He added it would have been “no fault of our own”. In an interview with Fox News in the US yesterday, he said: “HBOS looked like it was going to go bankrupt in Europe so Virgin Atlantic rings up HBOS, we have a billion pounds on deposit - not really our money, it’s people who’ve bought tickets, people who’ve bought... [read full story]