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Mary Creagh MP, Labour's Shadow Environment Secretary, commenting on the extra £120 million for flood funding announced by Danny Alexander today, said:

"This year's floods have shown how shortsighted the Government was to cut investment in flood defences by £95 million a year, leaving homes and businesses unprotected. Flooding is the biggest threat the UK faces from climate change, yet even after today's mini U-turn the Government will still be spending less on flood defences next year than in 2008.

"Every £1 invested in flood defences saves £8 later and provides much needed construction work. What a shame Ministers have wasted 2 years looking for shovel ready infrastructure projects while 294 flood schemes have been postponed or cancelled."

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