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£1.2m cost to flood-hit Somerset businesses

Flood-hit businesses in Somerset have lost over £1.23 million in just six weeks as a result of lost productivity, a new survey suggests.

Somerset Chamber of Commerce said the flooding at costs businesses an average of £17,352, and warned that the figures are "only going to increase" as the impact of the crisis becomes clear.

Somerset has been hit by the recent flood crisis. Credit: PA Wire

Trade in Somerset is estimated to be down around a quarter on average, while 70 per cent of those surveyed said the flooding had impacted on their businesses.

David Cameron pledged £10 million to help flood-hit businesses, but chief executive of the commerce Rupert Cox warned that the figure is only "going to scratch the surface".