£51 million more for homes and businesses affected by floods

9 Dec 2015 01:54 PM

Extra funding announced by Chancellor takes total support pledged by the government to over £60 million.

The Chancellor has yesterday (Wednesday 9 December) announced an additional £51 million to support households and businesses affected by last weekend’s devastating floods in Cumbria and Lancashire.

This takes the total support pledged by the government to over £60 million.

The government will take a streamlined approach to funding to help households and business access support as quickly as possible.

The money will:

To ensure this funding is delivered quickly and efficiently, the government is creating a new Community Recovery Scheme worth nearly £40 million.

It will be run by local authorities and provide targeted support on the same basis as in the floods that affected the South West and other parts of the country in 2013 to 2014.

The government also recognises the important work by local charities in helping respond to the floods and will match the money raised in by the Cumbria Foundation’s Flood Appeal up to £1 million.

Yesterday’s commitment builds on the support announced by the government earlier in this week:

The government will apply the Barnett formula to this funding so that Devolved Administrations will receive £7.5 million. It is up to them how this money is spent.