£830m in funding for flood schemes for 2026/27 to improve protection for tens of thousands of homes and businesses.
The £1 million project has been announced to protect Minehead, Somerset from coastal flooding.
The Flood Re CEO has warned that banks risk creating a generation of "mortgage prisoners" by failing to account for the scheme's 2039 expiry in their long-term lending and property valuations.
The benefits of the 'Our City, Our River' scheme stretch beyond defending riverside properties from floodwater.
The Environment Agency has delivered a flood risk management scheme on Sandon Road, Stafford, giving residents better flood resilience after years of flooding.
The new guidance will enable communities to maintain local flood risk defences.
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