Context
The ABI has responded to Defra’s announcement of a commitment to invest £7.9 billion over ten years in flood defences, welcoming the Government’s commitment to more funding and a long-term framework to support flood defences.
Key points to note and next actions
- The statement said that the announcement was a welcome relief to homes and businesses across the country, and reiterated the ABI’s long-held view that robust investment in defences and a clear, enduring strategy are vital to real, lasting resilience.
- The ABI makes the point that new homes need to be able to withstand flooding, extreme heat, stronger winds and subsidence, and that such homes must not be built in flood-risk areas.