Flooding: Defence Programme

Baroness Scott of Needham Market Excerpts

Thursday 1st November 2012 Lords Chamber

[Lord De Mauley]

My Lords, I am acutely aware of the impact that the recent flooding has had on victims and my sympathies go out to them all. This summer was the second wettest on record. Despite hard times, we protected the flood budgets as far as possible with a 6% reduction in spend over the four years 2011-12 to 2014-15 compared with the previous four years. As a result of the investment that we are making, we expect to exceed our goal of 145,000 households better protected by March 2015. The Environment Agency will deliver real-term efficiency savings of at least 15% in procurement over the spending period and is aiming to increase the number of households receiving free flood warnings to more than 1.1 million.

[Baroness Scott of Needham Market]

Is the noble Lord able to update the House on the progress of talks which were being held with the insurance industry as there are now many thousands of households that face the problem of living in properties that are virtually uninsurable at prices that they can afford to pay?

[Lord De Mauley]

My Lords, we want to reach an agreement that ensures both the availability and affordability of flood insurance. We are in intense but constructive negotiations with the industry and further announcements will be made in due course after more discussions with it and other relevant parties.