Liberal Democrats will use Libor fine to invest £2.5m in London's air ambulance – Elaine Bagshaw


The Liberal Democrats will use £2.5 million from a fine imposed on a bank for rigging the Libor rate to investment in London's air ambulance service.
This money could be used to buy an additional helicopter, provide 24/7 emergency, or upgrade helipads at hospitals – although it is up to local groups how they spend the cash.
It is part of wider Liberal Democrat plans to divide £50m, from the £227m fine levied on Deutsche Bank, equally between Britain’s 20 air ambulance trusts.
Air ambulances save hundreds of lives each year but rely almost solely on donations from the local community.

Elaine Bagshaw said:

"London's air ambulance saves lives and helps the emergency services deal with some of the most difficult incidents, in some of the most hazardous conditions.
“This money will give our local air ambulance trust the power to improve the incredible service they already offer our community.
“It will allow the trust to buy a new helicopter, upgrade their helicopters or improve their helipads.
“This would not be possible without the Liberal Democrats and further illustrates our commitment to build a stronger economy and fairer society.”

Share this post on social media:

Sign in with Facebook, Twitter or Email.