The East Anglian Air Ambulance has received a £250,000 after being given a share of Libor fines from the Government.
The grant which will contribute to training up to 40 paramedics and doctors who make sure the charity’s two helicopters operate all year, covering Norfolk, Suffolk, Cambridgeshire and Bedfordshire.
East Anglian Air Ambulance chief executive Patrick Peal said: “What the government is doing is contributing to the work we do.
“Out of this banking scandal they are helping us in the life-saving work we do. It’s a significant contribution and we are going to put it to extremely good use.”
Chancellor of the Exchequer George Osborne said: “From enabling the fantastic Air Ambulance services to extend their flying hours, to helping build brand new specialist headquarters, this funding will play a vital role on helping to save hundreds of lives every year. It is absolutely right that we use funds from those who demonstrated the worst values to reward those who demonstrate the best, like our hardworking air ambulance crews.”
The announcement follows extensive lobbying by the Association of Air Ambulances and is in addition to the Libor funds already announced for three air ambulance charities.
It also follows the announcement of relief of VAT on air ambulance charities and aviation fuel which was announced last year. Combined the changes will be worth over £15 million over the next 5 years.