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Portsmouth-based HMS Victory preservation awarded £5m

21 June 2013 Last updated at 20:56 BST

The government is to invest a further £5m towards the preservation of Lord Nelson's flagship HMS Victory in Portsmouth.

Culture Secretary Maria Miller made the announcement at Portsmouth's Historic Dockyard.

It comes on top of £25m donated by the government last year, along with £25m from Sir Donald Gosling's foundation.

The latest funding comes as part of the government's Catalyst Endowment initiative.

Basingstoke MP Mrs Miller said the news was "a fantastic result for HMS Victory".