Sunday, 1 February 2015

Legal (PESTEL) (Nikhita)


 -  Central Government spending on flood defences will reduce in real terms over the spending review period (Next 6 years, 2021)

 -  Spending was reduced this year (2014) by £30 million or 5% less money available so more homes need to adapt to flooding

 -  Build floating houses on flood plains, says Environment Agency chairman Lord Smith (2014)
    
 -  Insurance prices will continue to rise in flood risk areas due to the risk of damage

 - Requires developers to fund any necessary flood defence and mitigation works

    

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