Exclusive - Minister won't rule out insurance levy

The insurance industry may be asked to provide additional funding forthe UK's flood defences after floods minister Elliott Morley refused torule out the move.

Mr Morley was launching a series of wholesale changes to the organisationand funding of the UK's flood and coastal defence works. One key issueraised was the future levying of charges on developers who build onfloodplains to help fund the improvements - a scheme which might come intoforce as soon as 2005.

"The concept is that those who get

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: