Fiona Bruce
Main Page: Fiona Bruce (Conservative - Congleton)Department Debates - View all Fiona Bruce's debates with the Ministry of Defence
(10 years, 4 months ago)
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The Parliamentary Under-Secretary of State for Defence (Anna Soubry)
This is a somewhat complicated subject, and certainly one of some controversy. I know that my hon. Friend the Member for Basildon and Billericay (Mr Baron) recently secured a debate on the subject. At the moment, the Government have no intention of setting up such a fund. We believe that the existing provision is there. Again, I am more than happy to have a discussion with the hon. Lady to explain what I think is the very good case that the Government make on the matter.
Fiona Bruce (Congleton) (Con)
T3. As we approach the end of combat operations in Afghanistan, support for armed forces veterans will become more important than ever. What action is my hon. Friend taking to ensure that veterans charities benefit from LIBOR fines funding?
Anna Soubry
We are very much aware that, as a result of withdrawal from Afghanistan, there is a concern that a number of our charities might not get the sort of generous support we have seen from the public by way of financial donation. That is one of the reasons why the LIBOR funding is so important. I am delighted that the Chancellor of the Exchequer has announced that an extra £10 million will be available from 2015 each year for the next 25 years.