The Armed Forces Covenant was signed by the Bank of England, pledging that those who serve or who have served in the armed forces, and their families, are treated fairly.
The agreement formalises the Bank’s commitment to supporting the Armed Forces community and recognises the contribution to the country that serving military personal, veterans and their families have made and continue to make.
The covenant was signed by Andrew Bailey, the Governor of the Bank of England, and General Sir Patrick Sanders, Commander United Kingdom Strategic Command, on behalf of Defence.
General Sir Patrick Sanders said: “Through deep historical military roots, it is abundantly clear that in signing the Armed Forces Covenant, the Bank of England understand and recognise the value of supporting the Armed Forces community.”
The Bank recognise the importance of our nation’s defence and those that form it.
Andrew Bailey, the Governor of the Bank of England said: “I am proud that today the Bank of England has entered into the Armed Forces Covenant. We recognise the value serving personnel, reservists, veterans and military families bring to the Bank. By signing the Covenant, we hope to demonstrate our appreciation of their contributions and how we hope to support them in the future.”
As the UK’s central Bank and financial leaders in the city the covenant was also signed by The Lord Mayor, William Russell. The Lord Mayor of the City of London is the head of the City of London Corporation, the governing body of the Square Mile dedicated to a vibrant and thriving City, supporting a diverse and sustainable London within a globally-successful UK. The Lord Mayor is also President of the City of London Reserve Forces’ and Cadets’ Association, so only fitting that he should also pledge alongside the Bank.
To date nearly 8,000 organisations have signed the Armed Forces Covenant including businesses and charities nationwide since its introduction 2011.
If you would like to join our community and read more articles like this then please click here.