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Flood Investment Announcement
05 February 2025
Type
Written Ministerial Statement
Department
Department for Environment, Food and Rural Affairs
At a Glance
Issue Summary
The statement discusses the UK government's plan for increased investment in flood protection against climate change impacts.
Action Requested
The Government will commit £2.65 billion to protect 52,000 properties by March 2026 and maintain or restore protections for an additional 14,500 properties through maintenance of existing defences. The statement also announces a re-prioritisation of £108 million in repairs and new investments for 31 flood defence schemes with specific allocations detailed.
Key Facts
- UK has experienced five storms in fewer than five months this winter.
- Record £2.65 billion will be committed to better protect 52,000 properties by March 2026.
- Maintenance of existing defences prioritised ensuring a further 14,500 properties receive protection or restoration.
- £108 million investment in repairing and restoring critical assets including £36 million for repairs to storm-damaged assets this year.
- £7 million for the next phase of the Stallingborough Sea Defences along the Humber estuary.
- £2 million allocated to the Beales Corner project protecting Bewdley communities.
- £140 million available for 31 schemes to progress construction, including Bridgwater Tidal Barrier Flood Defence Scheme with £43 million and Derby Flood Risk Management Scheme receiving £35 million.
- New funding formula consultation launched in coming months focusing on challenges facing businesses and rural/coastal communities.
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