£1.45m worth of funds from the Libor fines will be distributed among five youth groups, as part of the second and final round of Uniformed Youth Social Action fund grants.

The grants will be distributed amongst groups trying to reach young people living in disadvantaged areas or hard to reach communities and will focus specifically on getting “young people involved in social action.”

Lindsay Levkoff Lynn, chief executive of Youth United Foundation said: “Youth United aims to give every young person in the UK the opportunity to join a uniformed group.

“It’s particularly exciting today to see the innovative approaches that the successful organisations have come up with to extend their reach into non-traditional areas and among groups of young people who have sometimes been easy to overlook.”

These grants are in support of the #iwill campaign, an initiative that has cross-party and cross-sector backing, that is aiming to make participation in social action the norm for 10-20-year olds. 

The government claims that since #iwill was established in November 2013, the numbers of young people volunteering has increased, but there is still more work to be done.

Rob Wilson, minister for civil society, said: “Research from the #iwill campaign has revealed that four in ten young people took part in meaningful social action over the past year which is a fantastic start but we want to continue to encourage more young people to get involved in their communities.”

The five grant winning organisations are: Marine Society and Sea Cadets, The Boys Brigade, The Scouts Association, Volunteer Police Cadets and Woodcraft Folk.