article-71

Steps toward financial relief for flooding


Published on: 02/11/2007

The European Commissioner for regional policy, Danuta Hubner, has announced her support for a UK application to the EU Solidarity Fund.

The government has lodged a request for 160 million (111 million) from the fund to alleviate the effects of the flooding which devastated parts of the country this summer.

“This summer’s floods caused misery for thousands of people with widespread damage across large parts of the country,” said floods recovery minister, John Healey.

“Thousands of homes and businesses were affected with further damage to schools, roads and leisure facilities.

“Agriculture and the tourist industry were also hit.”

Speaking from Belgium, where he was meeting the commissioner, Mr Healy continued: “The UK government, emergency services and agencies have undertaken a huge amount of work to provide both practical and financial assistance to support the flood relief effort and help communities get back on their feet.

“But clearly the financial costs of the floods were significant.”

The financial cost of the flooding is now estimated to be some 4.6 billion, well above the 3 billion threshold necessary for an application.

To date 57 million have been made available in government assistance for those worst hit by the flooding.

“I am pleased to say that Commissioner Hubner confirmed she has accepted our application and will recommend that the UK receives around 160 million to her fellow 26 Commissioners, who together take the final decision,” concluded Mr Healy.

Source: https://www.aboutproperty.co.uk

Back to News and Articles

Call Now

BP Connections Ltd Call Us: 020 3475 2730

Read more

Discover Property

Great Properties to Rent or Let in North London

Read more

Our Services

We offer an unbeatable range of comprehensive services.

Read more