Salter Welcomes Extra Government Funds for Naomi House
Martin Salter, Labour MP for Reading West, has welcomed the payment of a £1.5 million capital grant in order to help the children’s hospice Naomi House. The charity was badly affected by the Icelandic banking crisis. Last year, Mr Salter led a delegation of south east MPs to meet with Kevin Brennan MP, the Minister of State for the Third Sector, in order to highlight the invaluable service provided by Naomi House to local people, and to reiterate the need to release the £5.7 million of deposits that were effectively frozen by the government following the economic turmoil affecting Iceland. In October 2008, the government decided to freeze the assets of Kaupthing, Singer and Freidlander (KSF) which included the Naomi House deposits. Naomi House, which provides services across seven south-east counties, is hugely dependent on the income provided by these deposits. The crisis in...
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