UK lashed by rain and flooding
Insurers are bracing themselves for a rise in the estimated £500m flood bill this year following a stormy end to September.
Northern England, Wales and Scotland saw the worst of the disruption yesterday. Hundreds of homes were flooded and evacuated.
Oriel Securities analyst Marcus Barnard said: “Flooding in villages and small towns is manageable. If it is widespread and prolonged in built-up areas, it’s going to start getting costly.”