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Written question asked by Johnny Mercer (Conservative) on Wednesday, 1 November 2017, in the House of Commons. It was due for an answer on Monday, 6 November 2017 (named day). It was answered by Elizabeth Truss (Conservative) on Monday, 6 November 2017 on behalf of the Treasury.


LIBOR

Question

To ask Mr Chancellor of the Exchequer, which charities have received Libor funding in each of the last five years; and how much funding those charities have received.

Answer

1. LIBOR funding is only committed to the following entities:

· Registered Charities

· Community Interest Companies (CIC)

· Armed Forces Units with a Unit Identification Number (UIN)

Details of LIBOR funding can be found at the following links:

  • GOV.UK LIBOR Webpages

https://www.gov.uk/government/publications/libor-funding-applications

https://www.gov.uk/government/news/banking-fines-to-fund-armed-forces-charity-projects

https://www.gov.uk/government/news/libor-fines-to-fund-armed-forces-charity-projects

https://www.gov.uk/government/news/bank-fines-to-be-used-to-support-britains-armed-forces-community

https://www.gov.uk/government/news/more-armed-forces-charities-to-benefit-from-banking-fines

https://www.gov.uk/government/news/100-million-bank-fines-allocated-by-government-to-good-causes

  • National Audit Office Report on the ‘Investigation into the management of the Libor Fund’

https://www.nao.org.uk/wp-content/uploads/2017/09/Investigation-into-the-management-of-the-Libor-Fund.pdf


Secondary information

Type
Written question
Reference
110851
Session
2017-19
Grouped for answer
Yes
Subjects
Charities Fines Grants LIBOR
Contains statistics
Yes
Link
View this Written question on www.parliament.uk