Figures received by ITV News suggest any failure to invest money in flood defences and dredging could have been a false economy.
The region's rail companies have all amended their timetables due to the bad weather.
Boeing, the company behind the grounded fleet of 787 Dreamliner planes, is facing millions of pounds of compensation claims.
A summer campaign launched by Thames Valley Police to crack down on drink driving saw 240 people arrested.
During the month of June, hundreds were arrested for driving with excess alcohol.
Of those arrested, 129 have been charged, 71 have been bailed and 40 released with no further action.
There was a slight decrease of men arrested, with 197 arrested this year compared with 200 last year but there was an increase of 10% in arrests of women.
Chief Superintendent Lucy Hutson said:
– Chief Superintendent Lucy Hutson, Thames Valley Police
Each drink driver arrested and taken off the road helps to make our roads safer and prevents potential death or serious injury. Each death and serious injury we prevent stops pain and devastation to an even wider circle of family and friends.”
A 35-year-old man has been arrested after another man was found with a head injury in Bampton.
The man from Minster Lovell was arrested in connection with the injury in Pembroke Place on the 28th May.
The man was assaulted in Market Squaren in Bampton between 4am and 8am.
The 33-year-old victim was helped by a member of the public before paramedics arrived and took him to Radcliffe Hospital in Oxford.
He required surgery and has since been transferred to Witney Community Hospital while awaiting further surgery.
Thames Valley Police is appealing for anyone with information about the incident to call 101.
The Thames Valley Berkshire Local Enterprise Partnership (LEP) today agreed an historic Growth Deal with the Government, which will see £96.9million invested in Thames Valley Berkshire.
The Thames Valley Berkshire Growth Deal is part of a £12 billion long-term programme to revitalise local economies. The deals are the latest example of the British economy being rebuilt from the bottom up, and sharing the benefits of the recovery around the country.
£17million has been confirmed in the first year, while an indicative award of a further £79.9million has been allocated from 2016/17 onwards. The deal will create up to 17,000 jobs, 10,000 homes and leverage a further £20million in public and private investment.
The key features of the deal are:
- Thames Valley Berkshire LEP has also landed £250k funding for continuation of the Thames Valley Berkshire Business Growth Hub.
- Delivery of essential housing at flagship sites in Newbury, Wokingham and Bracknell to help young people across the area get on the property ladder.
- Three new 'Solutions Labs', which will equip our young people with Science, Technology, Engineering and Maths skills to support our tech-focused business base and the new Thames Valley Science Parl.
- A package of road and public transport investments to improve connectivity and reduce journey
– Prime Minister, David Cameron
Growth Deals are a crucial part of our long-term plan to secure Britain's future. They are about firing up our great towns and cities, boosting local economies and driving growth across the country. This historic deal means real change for people in Berkshire and the Thames Valley with big investments including new funding for transport infrastructure that will improve journeys and connectivity, while opening up areas for new housing, redevelopment and growth. Young people will benefit too, with new facilities that will ensure they have the skills to support local hi-tech businesses."
Thames Valley Police are appealing for witnesses after a sexual assault in Oxford.
An 18-year-old woman was walking in St James' Cemetery between Beauchamp Lane and Church Hill Road in Cowley last night, at around 11:30pm.
Two men approached the woman whilst she was walking through, when one of them grabbed her whilst the other sexually assaulted her.
She was treated at the John Radcliffe Hospital in Oxford for a black eye and scratches to her face, but has now been discharged.
There is no description of the men at this stage in the investigation.
Anyone who may have been in the area at that time or saw something suspicious is asked to contact the Thames Valley Police Enquiry Centre on 101.
More than 46,000 race-goers attended the first day of Royal Ascot today.
Police say as of 6pm, there have been no arrests.
– Supt Steve Hockin, silver commander for the event
The opening day of this event has so far passed off with no concerns for the police.”
Video. ITV News can exclusively reveal the final designs of a new generation of InterCity trains soon to take to the tracks across the Thames Valley. Work is underway on the first of hundreds of new bullet-style carriages in Japan for Great Western trains at a cost of almost £6 billion.
The trains will run on the mainline from Paddington through to Reading, Didcot, Newbury, Swindon and Oxford. Full size mock-ups of several carriages were secretly built to get the views of watchdogs and the rail industry and the final design is about to be approved by the Government.
Mike Pearse was given exclusive access to see the train of the future. He spoke to Andy Barr from Hitachi Rail Europe, Managing Director of First Great Western Mark Hopwood and Stephen Hammond MP, Rail Minister.
ITV News can exclusively reveal the final design of a new generation of InterCity trains soon to take to the tracks on the Great Western mainline to Reading, Didcot, Newbury, Swindon and Oxford.
Built by Hitachi they're based on the Japanese bullet train and will have more seats to ease overcrowding and are six times more reliable. The trains are part of a six billion pound upgrade. ITV Meridian spoke to the MD of First Great Western, Mark Hopwood.
There is little doubt that the UK Independence Party (UKIP) has the most to cheer about tonight as the political parties analyse the local council election results. But it was by no means a total landslide.
In the Thames Valley, though, things remain much the same. There is no change in West Oxfordshire or Cherwell with the Conservatives staying in control at both district councils.
At Basingstoke and Deane no change either, still no overall control, although UKIP gained one council seat. Labour retained control of Reading.
The big blow to Labour, was a failure to wrestle control of Swindon from the Tories. More details now from our political correspondent Phil Hornby.
Now, we've all heard of Facebook, but have you heard of FaceWatch? Thames Valley Police is using a new mobile phone app in a bid to use cyberspace to fight crime across the region. And, as Cary Johnston reports, it's already been more than a virtual success.
Thames Valley Police are using a new phone app to help them tackle crime.
Officers will post photos or e-fits of people they want to speak to on Facewatch and encourage people to share them on social media.