Ivan Lewis – 2014 Parliamentary Question to the Ministry of Defence

The below Parliamentary question was asked by Ivan Lewis on 2014-06-09.

To ask the Secretary of State for Defence, which charitable projects based in Northern Ireland have benefited from the armed forces covenant (Libor) fund.

Anna Soubry

The importance of the covenant to the Government was highlighted by the decision of the Chancellor to transfer £35 million from fines levied on the banks for attempting to manipulate LIBOR to the Ministry of Defence for use in supporting the Armed Forces community. The fund has now closed and money has been allocated to some 97 projects.

The Northern Irish Armed Forces community will benefit from a number of UK-wide projects which have been allocated over £16 million of LIBOR funding. In addition, we have provided £50,000 of funding to the UDR & Royal Irish Aftercare Service to set up a welfare support network and advisory service for veterans and their dependants in Northern Ireland.