Liberal Democrats will use Libor fine to invest £2.5m in Lincolnshire & Nottinghamshire air ambulance

The Liberal Democrats will use £2.5 million from a fine imposed on a bank for rigging the Libor rate to investment in Lincolnshire & Nottinghamshire’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.

Lincolnshire and Nottinghamshire air ambulance started night-time flying in December 2013 though the annual report describes these as “limited” and hours of operation remain limited to 12 per day. It also says: “A feasibility review regarding possible increased provision of doctor support is being established, which may have some financial implications for the charity.”

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.

Parliamentary Candidate for Lincoln, Ross Pepper said:

Lincolnshire & Nottinghamshire’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.”

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