Treasury announces Armed Forces Covenant funding boost to mark First World War Armistice centenary

Treasury announces Armed Forces Covenant funding boost to mark First World War Armistice centenary

A wreath of commemorative poppies in High Littleton. Image: Getty

Wednesday, November 7, 2018

The Treasury will double the amount of money going to the Armed Forces to mark the centenary of the First World War Armistice.

The Armed Forces Covenant Fund Trust already received £10 million a year, but that will double, as announced in this year’s Budget.

The trust gives grants to organisations that support the armed forces, like the Royal British Legion and other organisations that support veterans.

A further funding injection of up to £8 million will go towards repairs and preservation of some of the UK’s 16,000 village halls, many of which were built as memorials to members of the local community who served in WWI.

Another £1 million will be made available to take schoolchildren on tours of First World War battlefields.

Chancellor Philip Hammond said:

“We owe the men and women who have served their country a huge debt of gratitude, and I am determined to do everything I can to help remember their sacrifice.

“Through this funding, we are ensuring that young people can learn from previous generations and keep the memory of their service alive. By preserving our history, we can also provide vital social hubs for local communities. And by caring for today’s veterans we can show that their selfless service, and their sacrifices, will always be remembered, and are hugely valued by a grateful nation.”

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