Libor fines from banks allocated to military charities
The latest tranche of money gathered from UK banks in Libor fines has been allocated to 24 military charities.
The £12m instalment will be used to fund projects including housing and mental health support schemes for military veterans.
It means a total of £35m has now been distributed to 96 charities from fines imposed on the banking industry for rigging the benchmark interest rate.
Ben Moore reports.
15 Dec 2013
- From the section UK