UK: More Money for Flood and Coastal Risk Management Funding
- Business & Finance
The UK Government announced an additional £140m Flood and Coastal Risk Management funding over the next two years.
This is in addition to the £130m previously announced by the Government in early February and includes some revenue money as well as capital.
It will fund repairs to flood defences damaged by the exceptional winter weather since early January, identified by the asset inspections carried out over recent weeks.
Over the same period, an additional £5m will be available for environmental crime and enforcement work.
Press Release, March 21, 2014