LiLiberal Democrats will use Libor fine to invest £2.5m in the Great Western Air Ambulance – says Alistair Cameron

May 5, 2015 5:15 PM

Air Ambulance

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

The Great Western Air Ambulance only has one helicopter, though it was only purchased in December 2014, and says it is "one of the busiest Air Ambulance services in the UK''.

This 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.

Alistair Cameron said:

"The Great Western 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. Similar finding would be available to the Midlands Air Ambulance which also serves the north of Gloucestershire.''

"This would not be possible without the Liberal Democrats and further illustrates our commitment to build a stronger economy and fairer society."