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Evelina London lands £2m LIBOR funding in Autumn Statement

24.11.16 Categories: News from the hospital

Family walking in to Evelina London Children's Hospital

We’re thrilled to receive £2 million of LIBOR funding from the proceeds of banking fines, announced by the Chancellor of the Exchequer in the Autumn Statement.

This will provide funding towards both a new Fetal Cardiology Unit to diagnose heart problems in babies before they are born and Long Term Ventilation, Sleep and Neuro-rehabilitation facilities to provide care for children with complex, life-limiting conditions.

Redevelopment programme 

The funds will go towards an ambitious programme of redevelopment at Evelina London. The £2 million announced means that to date, we’ve raised just over £7.5 million towards a fundraising target of £10 million to help expand the hospital’s clinical facilities, to treat more children and to provide more specialist care.

Marian Ridley, Director of Evelina London, says: “We are delighted to have received this funding from the Treasury. The Long Term Ventilation, Sleep and Neuro-rehabilitation facilities will provide high quality care to families in a ‘home from home’ setting. Our new Fetal Cardiology Unit will help us provide specialist fetal scans to 2,200 mothers a year with high risk pregnancies.”

Our Evelina London Zip event on 2 December will raise another £1m towards the £10m target, to help build a dedicated Clinical Research Facility at Evelina London. This new facility will allow vital research to improve treatments and cures for numerous conditions including autism, epilepsy, congenital heart disease, kidney disease and allergies.