Flooding: is your business prepared for the great British weather?
It’s hard to believe that six months have passed since the wettest winter on record; however it’s not easy to forget the devastation that the flooding brought to residences and businesses throughout the south of England. The floods cost small businesses across the country a combined £831m, according to the Federation of Small Businesses (FSB). Data released by the FSB found that small businesses in flood-hit areas lost on average £1,531 each, due to the impact of the floods.
Following a rigorous assessment of flood defences, the Environment Agency identified around 1,000 sites that were in need of repair following the floods. The £270m funding to fix those sites will bring some comfort to those businesses that suffered; however in order to prevent the same costly impact in the future, businesses must prepare for and take steps to mitigate the future risk of flooding.
The natural environment or great British weather can be difficult to contend with as it is so unpredictable. However, the recent floods have highlighted a need for businesses to consider the external risks that might affect them…
Click on the link below to read the rest of the B P Collins briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from B P Collins
Briefings from B P Collins
”Leaving the EU would be unspeakably bad for business.”
The Government is looking to fast-track new laws that would mean the end of state subsidies for onshore wind farms, according to the new Energy and Climate Change Secretary.