Business: Floods

(asked on 8th February 2016) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Innovation and Skills, what funds the Government is providing for businesses affected by flooding which did not have insurance.


Answered by
Anna Soubry Portrait
Anna Soubry
This question was answered on 25th February 2016

I have made it clear to local councils and Local Enterprise Partnerships who are administering the Business Recovery Grant that they should look to provide funding to un-insured businesses so long as it is clear that this is not rewarding deliberate bad business practice. So where a flooded business has made a reasonable effort to secure insurance and not been successful they can be funded. We have provided £11m in total to provide support to businesses, allocated to local areas based on the number of flooded businesses.

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