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Spending on flood defences set to rise to record levels

Summary by Financial Times
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Environment secretary Steve Reed is spending an extra £200mn on England’s flood defences as he tries to shore up old and crumbling infrastructure after catastrophic flooding across parts of the country this winter. The funding, to be announced formally on Wednesday, takes the total the government has committed to flood de…
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