The Journal Opinion: Season of Goodwill as Foundation gets backing

The Journal opinion for Friday December 12, in which we applaud the Chancellor's announcement of financial backing for the Virgin Money Foundation

Matt Alexander/PA Wire Virgin Money
Virgin Money

Well it is the season of goodwill to all men...

The announcement by Virgin Money and the Chancellor over the launch of a new charity Foundation is to be welcomed.

Over the years, countless organisations benefited from the Northern Rock Foundation.

That its good work was to be lost forever was a dreadful prospect.

Which is why George Osborne’s pledge is so timely.

Much of the money will stay with worthy causes here in the North East – just as happened under the much-lamented Northern Rock Foundation.

Help is being promised for our young, so many of whom find themselves without home or hope.

Good luck to them and to the new Foundation.

Journalists

David Whetstone
Culture Editor
Graeme Whitfield
Business Editor
Mark Douglas
Newcastle United Editor
Stuart Rayner
Sports Writer