Hi Peter,
Bit late to this, but this may assist re your earlier comment:
"Is there anyone out there that can identify the unit and perhaps some history of the Lynx with the British army. I'd welcome any information.
Peter"
Someone mentioned signals Unit sign. The Unit sign background colours for signals units were white over blue, horizontally divided.
The background colours for armoured units post-ww2 were red and yellow (red top left) diagonally divided: I think that is what we are looking at, with the unit ID number not having been applied. So although you can identify the Formation, the unit within the formation remains unknown.
Mike
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