U.K. Towns Face More Floods as Costs Seen at $1.6 Billion
This article is for subscribers only.
Waterlogged towns on the River Thames west of London braced for more floods as rains persisted across southern England and Deloitte LLP said the storms may cost insurers 1 billion pounds ($1.6 billion) by April.
The Environment Agency has 16 severe flood warnings in place, 14 of them along England’s most famous waterway. Towns in London’s commuter belt including Chertsey, Egham and Datchet are affected. Two warnings remain in Somerset in southwest England, where some roads have been cut off since December.