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Guide Dogs to Receive £4.7million from Libor Fund to Help ex-Service Men and Women

27 Nov 2015

In Wednesday's Autumn Statement, the Chancellor George Osbourne, announced that the charity Guide Dogs will get a £4.7m boost from the Treasury over the next three years to support military veterans. The money from London Interbank Offered Rate (Libor) banking fines goes to military charities and other good causes.

Richard Leaman, Chief Executive at the charity Guide Dogs said: "We were delighted to hear that Guide Dogs is to be a beneficiary of this year's Libor fund. We have partnered 90 ex-servicemen with guide dogs in the UK. Each dog costs £52,700 from birth to retirement and this money will go towards ensuring that a loss of sight does not mean a loss of independence. We are here to help people get back on their feet and we've made a lifetime promise to provide every one of our guide dog owners with a guide dog for as long as they need one. There are currently 2 million people in the UK living with sight loss and by 2050 this is expected to have doubled, so the various ways in which we help are increasingly important. This money means that we can support ex-Service men and women who served for our country and we feel honoured to be able to do so.



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Konrad Galen-Bisping and Radley