Sunday, 25 January 2015

Environmental - PESTEL (Posted by Nikhita)

Flooding

Around 5.2m (one-sixth) of properties in England are at risk of flooding. More than 2.4m properties are at risk of flooding from rivers or the sea, of which nearly 0.5m are at significant risk, and 1m of these are also vulnerable to surface-water flooding. A further 2.8m properties are susceptible to surface-water flooding alone.

The clear-up costs after the latest floods could reach £1bn

The effects of flooding, and managing flood risk, costs the UK around £2.2bn each year:
·      Around £800m is currently spent annually on flood and coastal defences
·      £1,400m in damages is incurred


Spending on flood defences would have to increase by £10-£30m plus inflation annually to maintain existing levels of flood protection to 2035. More funds of around £150m a year will also be needed for surface and groundwater flooding. These total costs could rise to as much as £27bn a year by 2080.

Region
Households
Businesses
Total
East Midlands
4,581
290
4,871
London
1,108
302
1,410
South East
5,896
129
6,025
South West
4,915
1,000
5,915
Welsh Ass
32
4
36
West Midlands
8,450
1,453
9,903
Yorks/ Humberside
23,479
3,718
27,197
Total
48,461
6,896
55,357
Source: Environment Agency

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