Cameron announces cash boost for veterans

David Cameron has announced a number of measures aimed at supporting armed forces veterans and their families.

It includes an extra £2.26m funding for a project in Wales to help veterans adjust to civilian life.

The Prime Minister has also pledged £1m for the Armed Forces Memorial honouring service personnel who have died on duty since the end of the Second World War.

Mr Cameron said the measures were aimed at "strengthening respect and increasing support for our armed forces".

Live updates

Libor fines to help fund veteran accommodation in Wales

The Government has announced £2.26m funding for a project in Wales to help armed services veterans adjust to civilian life.

The cash comes from a £40m fund taken from fines on financial institutions involved in the Libor rate-fixing scandal.

It means the First Choice Housing Association's accommodation scheme will be able to help former service personnel who want to settle in Wales and the borders.

The Prime Minister said in a statement: "This Libor funding will help veterans in Wrexham, Ceredigion and Flintshire to make the transition into civilian life, providing assistance as they find new jobs and homes."

£1m cash pledge for Armed Forces Memorial

The Prime Minister has announced an extra £1m funding for an Armed Services Memorial honouring veterans who have served in conflicts including Iraq and Afghanistan.

Downing St said the Government was committed to funding the monument, which is at the National Memorial Arboretum in Staffordshire, until 2020.

Visitors at the Armed Forces Memorial in Staffordshire. Credit: Rui Vieira/PA Archive/Press Association Images

The memorial commemorates over 16,000 people who have died on duty since the end of World War II.

There will be a dedication service on Monday for the 17 service personnel who died on duty in 2013.


Back to top