Cornish Patients to Benefit from Bank Fines

Cornwall Air Ambulance is set to benefit from a £250,000 donation from libor fines imposed on UK banks.

A total of £5 million to be shared between 20 air ambulance charities across the UK was confirmed on Tuesday 24th February at a meeting between UK Chancellor George Osborne and the national Association of Air Ambulances.

Cornwall Air Ambulance chief executive Paula Martin said: “This is excellent news for Cornwall Air Ambulance and we have two exciting projects in the pipeline which will lead to an enhancement in the service we can offer our patients.

“We look forward to sharing news about these projects with our supporters in due course.”

The libor donations are restricted, meaning each charity must use the funding for specific projects and the money cannot be used for general flying costs.

Paula continued: “This funding is clearly very exciting news, but it’s important to note that, as the money is ring-fenced for specific projects, this charity is still wholly reliant on grassroots community fundraising to keep Cornwall’s lifesaving air ambulance flying.

“Every emergency mission we fly is funded by ordinary people and businesses taking part in fabulous fundraising activities in the Cornish community. With their help and support this will continue to be the case.”

The donation comes following significant lobbying from the national Association of Air Ambulances, including an annual meeting at Parliament which staff from Cornwall Air Ambulance attend.

Commenting on the national donation, 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.”

Cornwall Air Ambulance has recently flown its 25,000th mission in its 27 year history and flies around 700 missions every year.