politics report

politics report

The measures include as of 2014 after the flood
h•a £5,000 “repair and renew” grant for all affected homeowners and businesses - this will top up any money received from insurers to ensure flood resilience is built into homes and businesses as they are repaired. Details of the grant will be published next week - week starting Monday 17 February
•all affected businesses will get 100% business rate relief for 3 months and will also get an extra 3 months to pay the business taxes they owe to HMRC as they get back on their feet
•a £10 million fund for farmers suffering water-logged fields to help restore it to farmable land as quickly as possible.
•a total commitment in excess of £750 million from the major banks to provide financial support to business and individual customers affected by the floods
Other schemes include:
•the business support scheme - a £10 million fund to support businesses to develop and implement business recovery plans
•business rate relief - an estimated £9 million to give all affected businesses 100% business rate relief for 3 months and to give them an extra 3 months to pay the business taxes they owe to HMRC as they get back on their feet
•a support fund for coastal tourism businesses - £2 million to provide practical assistance to coastal areas to help them boost summer trade
•the Council Tax discount scheme - funding of up to £6 million to enable councils to cover Council Tax discounts for flood hit households for at least 3 months
•the enhanced Bellwin scheme - to give help to local authorities incurring expenditure above the usual qualifying threshold
•the farming flood recovery fund - £10 million which will provide grants of up to £5,000 to support farm businesses to bring flooded land back into production as quickly as possible
•the severe weather recovery scheme - an £86.5 million fund to help speed the recovery in affected areas, including fixing the most damaged roads

Prime Minister David Cameron said:
Britain is...

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