As businesses warn flood costs could clear £830m, advisers call for flood management overhaul

James Murray
clock

Committee on Climate Change sets out five-point plan for tackling escalating flood risks faced by the Somerset Levels

The economic costs associated with the recent floods could exceed £831m, after a new analysis from the Federation of Small Businesses (FSB) revealed how flood-hit firms were facing significant costs from...

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

Government accused of 'suppressing' report warning of catastrophic climate risks

Government accused of 'suppressing' report warning of catastrophic climate risks

The Times reports unabridged version of security services' analysis sets out 'reasonable worst case scenario' where climate impacts trigger mass migration and conflict

James Murray
clock 23 January 2026 • 4 min read
'Widely overlooked': Investors urged to wake up to air pollution risk

'Widely overlooked': Investors urged to wake up to air pollution risk

Report argues tackling air pollution is fundamental to protecting health and safeguarding the value of long-term investments

clock 21 January 2026 • 2 min read
'A world in the red': Is the global economy entering an era of 'water bankruptcy'?

'A world in the red': Is the global economy entering an era of 'water bankruptcy'?

Major UN-backed report calls for fundamental reset of global water management, as it warns many regions are living beyond their hydrological means

clock 20 January 2026 • 8 min read