A total of 246 schemes will begin construction in 2016-17 as part of our first ever six-year programme of investment in flood defences. That £2.3 billion of investment represents a real-terms increase on the last Parliament, and will protect an additional 300,000 homes.
I congratulate the Minister on championing this cause. Does she agree that when it comes to investing in new flood defences and improving existing ones, getting the support of local authorities, drainage boards, and the private sector is incredibly important? Will she pay tribute to Mike McDonnell in my constituency, who has helped to set up a community interest company to invest in sea defences along the stretch of coast adjacent to Snettisham and Heacham in west Norfolk?
My hon. Friend is absolutely right. When internal drainage boards work with local businesses and local councils, we can get really good local solutions. The community interest company is a particularly interesting model, which is being pioneered by him and his constituents in North West Norfolk. It could potentially be used elsewhere.
Sheffield remains £20 million short of the investment it needs to protect our city. The Department is holding a teleconference with council leaders, but will the Secretary of State commit to visiting Sheffield to see the innovative flood defences we have planned that will protect the city from a potential £1 billion of economic damage?
As part of the national resilience review being led by the Chancellor of the Duchy of Lancaster, Sheffield is one of the core cities that will be looked at in particular to make sure it is sufficiently resilient to flooding. I am sure that as part of that review there will be a visit to Sheffield to ensure that that very important city has the protection it needs.
Flood Re insurance will help many householders in Thirsk and Malton affected by recent floods, but it does not cover small businesses or leasehold properties with more than three units. In one such development in my constituency at Topcliffe Mill, residents of a two-bedroom flat now face a premium of £4,000 a year and an excess of £40,000. Will Ministers agree to meet me and representatives from the insurance industry to consider how we can provide a solution to this problem?
We have not ruled out an application to the EU solidarity fund. We have until the end of February to apply. We need to find out the total cost of the floods before a potential application is made. Our priority has been to make sure we get funding to affected homes and businesses as soon as possible. In fact, for the floods that took place on 26 December, funding was with local authorities on 29 December. Our priority has been making sure we make £200 million available to fix the damage and help communities to get back on their feet.
The devastating floods across the country are extremely well documented, as are the knock-on effects of the Government’s decision to postpone or cancel capital schemes—an estimated cost of £5 billion. Communities, families, individuals and businesses have suffered ruinous consequences. It is imperative that the Government do everything possible to maximise resources from all areas. The Secretary of State mentioned the EU solidarity fund. Time is running out, with only three or four weeks left for an application in relation to Cumbria. Will she just get on with the job and do it now, please?
This Government have invested more in flood defences than ever before: a real-terms increase on the previous Parliament, which was a real-terms increase on what was spent under Labour. The fact is that the Labour Government spent £1.5 billion and we are spending £2 billion in this Parliament. We have got money to affected communities as soon as possible—that is our priority.