(11 years, 11 months ago)
Commons ChamberI entirely reject the idea that our talks with the ABI are at crisis point—nothing could be more different; they are progressing at a very high tempo. We are negotiating with the ABI, with meetings happening on a seemingly daily basis and at the highest level in government. We want to achieve something that is better than the previous Government negotiated with the industry. We are dealing with large international financial institutions. We want to get this right for the taxpayer and those at flood risk, and we are working hard to achieve that.
Six communities in my constituency were flooded three times in 2012—in July, November and December—and people there are naturally desperate about what to do. I realise that there is no money, because of our high-spending predecessors, but can the Minister find any extra resources to put into flood defence and prevention schemes to help my constituents cope with what may happen in the future?
I am glad to inform my hon. Friend that we are spending a lot of money—£2.3 billion of taxpayers’ money—on what the Government should be doing, which is building flood defences. In addition, we are looking carefully to ensure that we are supporting all the relevant agencies, such as the Environment Agency, to ensure that watercourses are flowing and that we are addressing all the factors that contribute to flooding. I entirely understand the desperation that his constituents must feel as a result of repeat flooding events, and we are working hard to deal with those.