(11 years, 12 months ago)
Commons ChamberI pay tribute to my hon. Friend’s constituents, who are stoic under these very difficult circumstances. I stress that the NPPF is absolutely clear on this: it is the intention that developments should not happen on floodplains. He is absolutely right to raise the issue and he should bring it to the attention of all those involved in planning locally.
One of the biggest challenges for residents in Calder Valley who suffered from flooding over the summer is ongoing insurance for both business and residents. On the scheme to replace the statement of principles to ensure there is affordable insurance for those properties most at risk, will the Secretary of State update the House on whether the Government will consider assisting the industry by providing a temporary overdraft, to be paid back with interest, for the proposed not-for-profit scheme, which, of course, would not be a burden on the taxpayer?
I am grateful to my hon. Friend for trying to tempt me into negotiating in public but, as I have said many times today, we are involved in a long negotiation with the ABI. We had a very constructive meeting at senior level last week, are waiting for its counter-proposals and I am afraid that I cannot go into the sort of detail that he has asked me to on the Floor of the House.