The Environment Agency announced it will spend £294M on 93 flood defences due to start construction this year.
Major schemes given the go-ahead last week including £14.5M for a flood defence scheme at Grimsby Dock in Lincolnshire improving protection of over 14,000 homes and business and a £28.6M sea defence scheme in Great Yarmouth protecting a further 2,000 homes.
Environment secretary Owen Paterson said efforts to secure partnership had also proved successful (see box).
“Our partnership funding approach is a clear success, bringing in £148M on top of our £2.3bn investment so that more flood defences can be built,” said Paterson. “We now expect to protect 165,000 homes and businesses from flooding by 2015, exceeding our previous goal by 20,000.”
The Agency also announced it is providing additional funding for projects that could unlock economic growth. A new flood defence scheme in Exeter and a tidal barrier in Ipswich have both been funding to help attract more business to the area.
A £50.5M scheme in Leeds that will protect 495 businesses and create over 18,000 jobs. Leeds City Council is contributing £10M towards the cost of the scheme, with a further £5M proposed to be raised from local businesses.
New sea defences at Anchorsholme in Lancashire that will reduce the risk of flooding to 6,000 homes and highway, tramway and sewerage infrastructure. Blackpool Borough Council has contributed £4M toward the total cost of £28.4M.
The £9.7M Skipton scheme in North Yorkshire will reduce flooding to over 350 residential and 165 business properties in the market town. £2M of the project cost has been brought forward by local businesses.