B

Baroness Hayman of Ullock (Lab)

Speaking in the House of Lords on 12 February 2026

Debate

Changing Weather Patterns and Floods

Contribution

The noble Earl is right. Flood Re has been very successful regarding residential properties but there has always been an issue around the fact that it does not extend to businesses or to multiple-occupancy dwellings over a certain number. I have in the past spent some time working with insurance representatives on what can be done to better support businesses. It would be complex to extend Flood Re to businesses, but that does not mean there is not a problem. As someone who lives in Cockermouth, where we regularly have problems like this, I am aware that we need to do more to consider how best to support businesses through flooding. I do not think Flood Re is the answer, but we need to explore what else is out there.

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