VIDEO: Sir Bob Russell and Nick Clegg meet veterans at the Lakes Unit Colchester Hospital

On a visit to Colchester last week, Liberal Democrat Leader and Deputy Prime Minister Nick Clegg announced £500,000 to support vulnerable veterans in the town.

The funding for the Veterans Pathway will help ex-service men and women reintegrate back into civilian life.  The project provides temporary, supported and independent accommodation to ex-military personnel.

Veterans Pathway is a consortium established to provide 65 units of temporary, supported and independent accommodation for ex-service men and women most in need. 

These homes allow veterans to develop the skills they need to move on to private rented accommodation or social housing, supporting their re-integration back into society and civilian life.

These funds are part of the coalition's commitment to ensure fines levied on banks for abusing the Libor system are used to support good causes.

Announcing the funding, Nick said “If we are genuine about creating a fairer society, it is fundamental that we protect society’s most vulnerable, which is why I am delighted that extra money has been found to support homeless veterans in Colchester get back on their feet.”