Northern Rock is not all bad news.Well if Branson does end up with a large wad of used notes from the Northern Rock fiasco at least we have the consolation that he could very well actually be doing something constructive with it.
He won't waste it and in addition have set up entire departments requiring fed from now on with associated pensions and perks as our government would have done. So it's true when you say it could have been worse. Look at the plus side. It's another nail in Gordos coffin (If only it was not just figuratively), it's deprived them of funding for setting up yet more government projects such as id cards etc. and it's actually going to be used by Branson for some good. In a round about way.
No, not more slow down roundabouts but on another capitalist ploy where it will do two things. Make money for the smug, but financially sensible, git and provide his shareholders with profit and at the same time bring the human race one step closer to one of it's key goals. Space travel.
This looks like it is going to be a viable project. All down to human ingenuity and not a sour faced socialist in sight.
Although I hope he changes the name soon. I always remember the old Virgin jokes and I don't want to be on a spaceship that doesn't go all the way.