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Sat Feb 23, 2013, 08:16 AM

Libor fines to fund armed forces charities, says Osborne

Three military charities are to share 1.3m from fines imposed on banks that had rigged interest rates, Chancellor George Osborne has announced.

The three charities support injured soldiers, provide tickets to events and pay for breaks for bomb disposal teams.

Mr Osborne made the announcement at a project in the West Midlands that has already benefited from the fund.

http://www.bbc.co.uk/news/uk-21555812

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