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National Museum of the Royal Navy welcomes LIBOR funding towards restoring D-Day veteran vessel

It has been announced that the National Museum of the Royal Navy is in receipt of part of £1M from the fines levied on banks for manipulating the London Interbank Offered Rate (LIBOR) financial benchmark.

The funding will go towards restoring LCT 7074, the last Second World War Landing Craft (Tank) in the UK, one of the last in the world, and a campaign veteran of the D-Day landings.

Recently raised from her mooring, where she lay sunk and semi-derelict at Birkenhead, LCT 7074 has been saved for the nation with the support of a £916,149 grant from the National Heritage Memorial Fund to the National Museum of the Royal Navy, Portsmouth.

Professor Dominic Tweddle, Director General of the National Museum of the Royal Navy warmly welcomed the announcement: “It has been announced on the Government website that we are in receipt of this funding and while we haven’t had official notification yet, it  is very good news.  As far as we can tell, LCT 7074 is the last of these vital workhorses known to have participated in D-Day ferrying tanks, equipment and personnel across to France. Operation Neptune was the naval dimension of Operation Overlord, the largest amphibious operation in history, in which more than 7,000 ships and craft of all sizes landed over 160,000 soldiers on the beaches of Normandy. This grant will enable us to continue the really important project to conserve the vessel and ultimately put her on display, potentially at our affiliate the D-Day Museum in Portsmouth where she will be a magnet for visitors, eager to discover more about this essential part of our naval history.”

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