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Bank fines to help fund air ambulance service

Besi Besemar December 5, 2014

The Chancellor, George Osborne announced in his Autumn Statement this week that recently collected LIBOR fines would be used in part to provide relief to the Kent, Surrey and Sussex Air Ambulance by investing in new helicopters so that the service can continue their important work. The government is using money from the LIBOR fines, imposed on the banks for misdemeanours in the financial markets, to support those who demonstrate the best of British values.

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