Bright Blue’s report, In Deep Water? has featured in an article by The Independent. The article focuses on the reports finding that poorer areas of Britain are especially underprepared for the changing flood threat that its homes and businesses are facing.
Helen Jackson, Associate Fellow at Bright Blue and report author said:
“There are many households, businesses and communities across the country, especially in poorer areas, which are simply underprepared for the changing flood risk they face,” Helen Jackson, environment economist and report author, wrote.
“We need to move away from an old concept of flooding - an unfortunate event affecting individual properties which by and large fully recover via insurance - and recognise the potential compounding impacts of repeat flooding on communities’ economic welfare over the longer term.
“Low financial resilience through lack of insurance and other financial impacts from flooding has the potential to impede the economic recovery and development of the community as a whole in the long term.”
You can read the full article here and the full report here.
