Tags Posts tagged with "flooding"
The Grand Palais has reopened, as Paris begins its clean-up operation following severe flooding in the French capital.
Wet and windy weather is affecting UK homes according to home insurer Direct Line. Whilst high winds have caused damage to some properties, the main concern is flooding with high volumes of flood warnings and alerts in place for rivers across the UK. With further bad weather forecast for the weekend, the situation remains uncertain.
Flooding causes an average of £17,000 worth of damage per incident, according to Lloyds TSB claims data.
The UK is facing a weekend of floods following the wettest June in over a century. In preparation, Direct Line has issued 15 flood survival tips.
The annual cost of flooding in the UK is set to reach £1 billion according to SearchFlow. The losses per year are primarily being attributed to underinvestment in defences and climate change, the real estate search company revealed last week.
Thai developers suddenly have a “golden opportunity” to buy up land in flooded areas at bargain prices according to Patima Jeerapaet, managing director of Colliers International Thailand.
The Bank of Thailand (BoT) lowered its Gross Domestic Product (GDP) growth projection for 2011, significantly owing to the widespread flood in upper part of the country, Mass Communication of Thailand (MCOT) reported.
The Australian economy shrank 1.2 percent in the first quarter from the previous quarter, suffering its biggest contraction in 20 years, after extensive flooding hit coal exports, but a mining boom is expected to help growth bounce back quickly this year.
Millions of homes and small businesses could find it harder to buy insurance because of cuts in funding for flood defences contained in the Government's Comprehensive Spending Review...
AA Insurance is urging the government to resist any temptation to cut spending on flood defences in its autumn Comprehensive Spending Review...