Regulators set out plans for flood defence spending

Critics argue the measures do not go far enough to address the underlying pressures. Industry bodies have broadly welcomed the direction while warning about implementation costs. Independent analysts note the projections rest on assumptions that may prove optimistic. A spokesperson said the approach balances affordability against the need for long-term investment.

The change would affect an estimated two million households from the start of the next financial year. The figures represent the sharpest movement recorded since comparable data began. Officials stressed that no final decision has been taken and that consultation will run into the autumn.

Several of those briefed on the plans said the detail matters more than the headline commitment. A spokesperson said the approach balances affordability against the need for long-term investment. Critics argue the measures do not go far enough to address the underlying pressures. Industry bodies have broadly welcomed the direction while warning about implementation costs.

Officials stressed that no final decision has been taken and that consultation will run into the autumn. Independent analysts note the projections rest on assumptions that may prove optimistic. Industry bodies have broadly welcomed the direction while warning about implementation costs.