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Re-worked 'Flood Re' expected to be laid out in imminent Water Bill

Houses of Parliament

Details of the Association of British Insurers’ long-awaited flood risk solution are expected to come into focus this week following a government spending review and the introduction of the Water Bill.

It is widely believed that Chancellor of the Exchequer George Osborne will outline funding for flood defence spending at tomorrow's spending review, leading to provisions allowing for the introduction

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