Member

We have provided £60 million in the recent Budget to help farmers affected by the unprecedented flooding earlier this year, and I am pleased to tell the House that the bulk of the payments are already in farmers’ bank accounts. We have confirmed that an additional £50 million will be distributed to internal drainage boards to manage water levels to protect agriculture and the environment, and we will launch a consultation in the new year which will include a review of the existing flood funding formula to ensure challenges facing businesses and rural and coastal communities are taken into account when delivering flood protection. We aim to bring in that new approach from April 2026.