21-03-2014 01:52 AM | News, Property News

£140m Flood and Coastal Risk Management funding



In the Budget, the Chancellor 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.

This will enable the Environment Agency to undertake additional enforcement initiatives to tackle waste crime, including the deliberate mis-description of waste.

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