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.
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.