£120m new funding for flood defences

St. Asaph, Denbighshire, North Wales was hit in the latest series of floods across the UK. Credit: PA Wire

The Government announced £120 million new funding for flood defences, as families in parts of the country face the aftermath of more flooding.

Ministers said £60 million would be targeted at areas where improving defences against flooding could unlock investment and growth in the area, and the rest would go to speed up delivery of up to 50 schemes already in the pipeline.

The Government estimates the money, which will be delivered between next year and 2015, will improve flood protection for up to 60,000 homes and provide £1 billion in economic benefits.