Floods set to cost businesses £50m on top of property insurance claims
UK businesses will be hit for £50m due to the recent severe flooding, according to a business analyst at Grant Thornton.
Maurice Fitzpatrick, business analyst, at Grant Thornton's said: “This figure does not include the physical cost of damage much of which will be the subject of insurance claims. Nor does it includeOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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