---

Armed Forces Covenant

My Lords, my noble friend makes a very good point and I am certainly not at all happy to be a Minister in this very difficult financial environment. Honouring the covenant does not necessarily mean having to spend large amounts of money. Ensuring that service personnel, their families and veterans are treated fairly can often be about adapting existing policies where the particular needs of the service community have not previously been taken account of. Many of the commitments in the covenant are being led by other government departments and will not rely on the defence budget. My noble friend made a very good point about the homeless. We take the issue of former personnel who find themselves without a home very seriously. Research carried out specifically in London shows that the proportion of veterans among the homeless population has fallen dramatically over the last 10 years.