Flood defence spending cuts leave UK with "avoidable" £3bn bill

Will Nichols
clock

Committee on Climate Change warns funding is £500m below the level needed to avoid increasing flood risk

The UK can expect far more of the widespread flooding experienced in recent weeks, as spending on defences is £500m below the level needed to tackle increasing flood risk, the government's independent...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

CDP: Companies have saved $54bn through low carbon initiatives

CDP: Companies have saved $54bn through low carbon initiatives

Firms with transition plans are nearly twice as likely as their peers to identify short-term opportunities for driving growth and realising cost savings, corporate disclosure platform claims

clock 11 November 2025 • 3 min read
Study: 'Inconsistent' corporate transition plans could undermine progress to net zero

Study: 'Inconsistent' corporate transition plans could undermine progress to net zero

Less than half of businesses have targets in place that meet scientific standards, according to the latest EY Global Climate Action Barometer

clock 10 November 2025 • 4 min read
National Trust and Admiral insurance team up for natural flood prevention partnership

National Trust and Admiral insurance team up for natural flood prevention partnership

Partners announce three new projects that will use nature-based solutions to help tackle flooding across England and Wales

clock 05 November 2025 • 3 min read