Flood Re responds to Spending Review announcement on flood defence funding

Flood Re has responded to the Government’s latest Spending Review, which includes a £4.2 billion commitment over the next three years towards new flood defences across the UK.

Bridget Rosewell, Chair of Flood Re, welcomed the announcement and emphasised the importance of resilience and public engagement in tackling the UK’s growing flood risk:

“With one in four homes at risk of flooding, the UK faces one of its greatest climate change challenges. The Government has made difficult choices in its Spending Review but remains committed to tackling this issue, pledging £4.2 billion over the next three years for new flood defences.

“The important thing now is ensuring the funding is employed effectively to support the UK’s insurability going forward. The consultation on how the funding is spent is a welcome opportunity to focus efforts on resilience, maintenance and innovation.

“But infrastructure alone cannot solve the problem. Most flooding occurs at depths of less than 15 centimetres and households can take cost-effective steps such as installing non-return valves and self-closing airbricks. Outdoor spaces also offer opportunities for flood prevention, helping capture water before it enters the home and repurposing it for garden irrigation.

“In partnership with insurers, we continue to expand initiatives like Build Back Better, which help households recover more resiliently. But this needs to be matched by greater public engagement and a step change in how we adapt to future risk.”

Flood Re remains committed to working with industry, government and communities to improve flood resilience and ensure long-term insurability for UK homes.

Image provided by Flood Re

Francesca Kaye