Blind Veterans UK to benefit from bankers fines

The Argus: Blind Veterans UK to benefir from bankers fines Blind Veterans UK to benefir from bankers fines

Millions of pounds in fines levied on City rate-riggers will fund accommodation schemes for thousands of hard-up forces' veterans, Defence Minister Anna Soubry has announced during a visit to Brighton

Up to £40 million from Libor fines imposed on banks will help veterans' charities build new homes, buy new accommodation and spruce up ageing facilities.

Projects are expected to include homeless hostels and half-way houses for veterans who have fallen on hard times, supported housing for the wounded, injured and sick, and care homes.

The announcement was made by Ms Soubry at Blind Veterans UK in Brighton, which has previously received £1 million to refurbish accommodation facilities Partially-sighted former RAF chef John Cunnington, 68, visits the charity's base overlooking the English Channel once a week.

He has taken advantage of facilities there, including archery and an indoor swimming pool, since experiencing sight problems around 15 months ago.

Mr Cunnington, from Polegate, near Eastbourne, said: "The first thing that you learn when you come here is that there are no boundaries.

"When you first come here, you feel like you are boxed in, but the people here show you that you can do whatever you like. It's such a confidence booster."

Blind Veterans UK was founded as St Dunstan's in 1915, and helps blind ex-service men and women overcome the challenges of blindness.

In the past year, around 2,300 veterans have benefited from £35 million handed out to Libor-related projects.

Ms Soubry said: "The men and women of our Armed Forces have served their country with honour and bravery so it is only right that we help meet their housing needs when they have fallen on hard times, been wounded in service or need day-to-day care and support once they have left the Armed Forces.

"I am delighted that we have been able to double the amount we have already invested in projects through the Libor fines."

Comments (1)

Please log in to enable comment sorting

3:48pm Tue 4 Feb 14

Richada says...

A really good news story here!

Had always wondered where all the government levied fines went, that even some of it is going to a really good cause such as this has brightened my day.
A really good news story here! Had always wondered where all the government levied fines went, that even some of it is going to a really good cause such as this has brightened my day. Richada

Comments are closed on this article.

click2find

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree