Overview

• The programme allocates £10.5 billion through 2036 to build new defences and repair ageing assets, targeting protection for nearly 900,000 properties.
• At least 20% of future investment is ringfenced to bolster protection for the most deprived communities over the next decade.
• From April 2026, all prioritised projects up to £3 million will receive full government funding, with larger schemes getting the first £3 million plus 90% of remaining costs.
• Refurbishment of existing defences is put on the same footing as new works, with expanded backing for natural flood management such as floodplain restoration and leaky dams.
• Project approval will focus on value for money, with contributions from partners like businesses, wildlife groups and farm clusters more strongly recognised to unlock external investment.