Flood Defences

Lord Greaves Excerpts

Thursday 1st December 2016 Lords Chamber

[Lord Gardiner of Kimble]

My Lords, perhaps I should say to the noble Baroness that, in fact, Flood Re does include leaseholders for up to three flats and contents insurance, but above three flats it becomes a commercial policy. So in point of fact there are permutations to the scheme. I want to emphasise that Flood Re is an industry-owned and managed not-for-profit reinsurer; it pools the risk of flood claims and is targeted, with a subsidy, to lower-income households.

[Lord Greaves (LD)]

My Lords—

[Lord Campbell-Savours (Lab)]

My Lords—

[Baroness Evans of Bowes Park]

My Lords, it is the turn of the Liberal Democrat Benches.

[Lord Greaves]

I am grateful. Last February, £450,000 was allocated to a vital scheme to improve a culvert, called Victoria Clough, in the small town of Earby on the boundaries of Lancashire and Yorkshire, but nothing has yet happened. Is there a problem of capacity or resource constraints in getting the schemes going in Defra, the Environment Agency or anywhere else? If there is, would it not be sensible to let a competent local authority take it over?

[Lord Gardiner of Kimble]

I think that I had better look into the individual case that the noble Lord has referred to and come back to him. Generally speaking, we are confident that this £2.5 billion allocated to Defra over six years is going to make a very substantial difference, but we need continually to review the situation.