Researchers cite £2.4bn annual cost of flooding and say a third of England’s critical infrastructure is at risk
Spending on flood defences will fall off a cliff edge next year, a report warns, calling on the chancellor to commit at least £1.5bn a year in the spending review to protect the economy and the public.
Nearly 2 million people across the UK are exposed to flooding every year, which is equivalent to the combined populations of Birmingham, Sheffield and Newcastle upon Tyne.
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