Video / Flood defences: Treasury announces £2.3bn for projects

02.12.2014 Flood defences: Treasury announces £2.3bn for projects More than 1,400 flood defence projects are to receive funding to protect 300,000 homes, the Treasury has said. The £2.3bn investment, which is not new money, will help prevent £30bn damage in areas including the Thames and Humber Estuaries in the next six years. The government has also outlined spending on other infrastructure such as roads, rail and housing this week ahead of Wednesday's Autumn Statement. Labour accused ministers of "playing catch up on flood defences". Shadow environment secre... Click for details of the news