Under the plans set out in the Strategic Defence and Security Review, the Army is to be reduced from 102,000 soldiers to 82,000
Nelson's famous flagship is to receive a multi-million pound windfall after it was announced it will be handed over to a new charity.
The future of the world's most iconic ship has been secured by a £50m grant. HMS Victory has been handed over to a charity by the MoD.
The future of HMS Victory looks to be secure after it received a grant of £50 million pounds. The money will ensure Lord Nelson's flagship will remain the centrepiece of the nation's maritime heritage. The MoD has handed over responsibility for the vessel to a charitable trust.
The future of Lord Nelson's flagship HMS Victory looks secure after receiving a 50 million pounds grant. The MoD has handed over responsibility for the World's most iconic vessel to a charitable trust. It will ensure HMS Victory remains the centrepiece of the nation's maritime heritage.
The Ministry of Defence has decided to transfer the custodianship of HMS Victory with the promise of a multimillion pound funding boost.
The HMS Victory Preservation Trust will be now be responsible for maintaining Nelson's flagship.