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| Flood defences 'need more money' | Flood defences 'need more money' |
| (about 5 hours later) | |
| More money is needed to bolster England's flood defences against rising sea levels, according to a new report. | More money is needed to bolster England's flood defences against rising sea levels, according to a new report. |
| The study, from the Association of British Insurers, examined the possible impact on east London, Hull, Lowestoft, Great Yarmouth, Southend and Hastings. | |
| The study found that in east London a 40cm sea level rise would increase the number of properties affected by a major flood to 2,300. | The study found that in east London a 40cm sea level rise would increase the number of properties affected by a major flood to 2,300. |
| The report states a 40cm rise in sea levels could happen as soon as 2040. | The report states a 40cm rise in sea levels could happen as soon as 2040. |
| According to the report, the east coast is particularly vulnerable to rising sea levels. | According to the report, the east coast is particularly vulnerable to rising sea levels. |
| Prolonged investment | Prolonged investment |
| A 40cm rise will put an extra 130,000 properties at risk of flooding, researchers say. | A 40cm rise will put an extra 130,000 properties at risk of flooding, researchers say. |
| In total 400,000 properties will be at risk - up nearly 50% on the current number. In Hull alone, 19,000 properties could suffer serious flooding. | In total 400,000 properties will be at risk - up nearly 50% on the current number. In Hull alone, 19,000 properties could suffer serious flooding. |
| Essential services will also be at risk as 15% of fire and ambulance stations and 12% of hospitals and schools are in flood-risk areas. | Essential services will also be at risk as 15% of fire and ambulance stations and 12% of hospitals and schools are in flood-risk areas. |
| Stephen Haddrill, Director General of the ABI, said: "Climate change is happening now and we need to act now to manage it. Flooding is expensive, disruptive and distressing. | Stephen Haddrill, Director General of the ABI, said: "Climate change is happening now and we need to act now to manage it. Flooding is expensive, disruptive and distressing. |
| "This report shows that Britain needs a sustained and prolonged investment in coastal flood defences. This investment needs to start now." | "This report shows that Britain needs a sustained and prolonged investment in coastal flood defences. This investment needs to start now." |
| An extra £8bn needs to be spent over the next 25-30 years to improve coastal defences along the East Coast, researchers say. | An extra £8bn needs to be spent over the next 25-30 years to improve coastal defences along the East Coast, researchers say. |