UK Government Announces £2.65 Billion Flood Defence Funding
UK Government Announces £2.65 Billion Flood Defence Funding

UK Government Announces £2.65 Billion Flood Defence Funding

News summary

The UK government has announced a historic £2.65 billion investment to enhance flood defences across the country, aiming to protect over 66,000 properties from flooding impacts by March 2026. This funding will support up to 1,000 flood projects, including new barriers and repairs to aging infrastructure, benefitting 52,000 properties directly and an additional 14,500 through maintenance. Significant projects include a £43 million investment for the Bridgwater Tidal Barrier and £35 million for the Derby Flood Risk Management Scheme. The initiative responds to the increasing threat of extreme weather events, fueled by climate change, which have caused extensive flooding in recent years. Environment Secretary Steve Reed emphasized the government's responsibility to protect citizens and criticized previous underinvestment in flood defenses. The funding aims to enhance resilience in vulnerable communities and stimulate economic stability by safeguarding homes and businesses.

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