Holt’s Military Bank recognised by Ministry of Defence Employer Recognition Scheme
Holt's has provided banking expertise to military personnel and their families since 1809 and aims to ensure that all members of the armed forces community receive the banking support they need, wherever they may serve. The bank signed the Armed Forces Corporate Covenant in September 2015.
Defence Secretary Michael Fallon said:
"Every year the level of support from companies across Britain for the armed forces continues to grow. This commitment is making a real difference to everyone who serves and their families – whether giving Reservists more time to train or supporting veterans or spouses, they embody what the Armed Forces Covenant is about."
Chair of the Armed Forces network, Julian McElhinney, commented:
"This has been a tremendous team effort for Holt’s and a superb example of the 'can do' spirit shared by so many associated with the armed forces be they reservists, family members or veterans. The bank’s Armed Forces Employee Led Network (ELN) and all of its members are proud to be ambassadors of the armed forces. This Gold Award is no mean feat and the bank quite rightly should celebrate this, and its support to the armed forces community. Well done to all those involved and I humbly acknowledge the support given by our colleagues throughout."
The bank has actively supported Armed Forces Day for the last three years and in 2015 established The Armed Forces ELN to support the bank’s reservists, veterans, dependants, and employees.
Does June's unexpected fall in the rate of inflation herald the start of a retreat? It seems unlikely. The fall in sterling that has helped push inflation higher is still filtering through into consumer prices. And even at the lower rate inflation remains uncomfortably above wage growth. That's a considerable headwind for the economy.
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