Spending Review 2010: ABI and Biba disappointed over flood defence cuts
The Department for Environment, Food and Rural Affairs (Defra) has seen its budget cut from £2.9bn this financial year to £2.2bn in 2014-15. The settlement provides for £2bn to be spent on flood and coastal defences over the Spending Review period, better protecting 145,000 households by 2014-15.
The Defra cuts will result in reducing resource spending by 29% and capital spending by 34%. However, a statement from the Treasury estimated that by March 2015 better levels of flood protection can be expected for 145,000 households in England.
The statement said that an expected 15% efficiency saving will be made in the procurement strategy for flood and coastal defences and pledged that savings achieved from this will be reinvested into safeguarding and enhancing protection for people and
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