To honour Captain Binney's courageous act fellow officers and other friends founded the Binney Memorial Awards for civilians of the City and Metropolitan areas of London who, in the face of great danger and personal risk, have followed Captain Binney's example and steadfastly upheld law and order.
In 2003 the BBC reported: Since the first ceremony in 1947 more than 50 medals and hundreds of certificates have been handed out.
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