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Yorkshire Business Struggles to Recover from Flood Damage

As it's revealed that over 2,000 businesses in Yorkshire were hit by the severe flooding in the region this winter, concerns are raised that many businesses will decide to relocate and others may be unable to recover at all.

Yorkshire flooding

Serious Impact of Flooding on Economy in Leeds

The West Yorkshire town of Calderdale was particularly hard hit, with 2,600 residential properties and 1,250 businesses affected. Calderdale has suffered 4 episodes of flooding in the last 3 years alone.

The Yorkshire Regional Flood and Coastal Committee in Leeds has found that 8,000 infrastructure assets are still being checked for damage. The damage is expected to cost £35 million, and £15 million for businesses.

SM Commercial, comments:

"Unless the area is given a reprieve from repeated flooding, it is inevitable that the economy in the region will begin to suffer as a result. Small business owners in particular will find it hard to recover, and it will be sad to see these businesses that aren't able to bounce back or relocate eventually close."

Loss of Confidence in Flood Damage Prevention

A recent survey by Simpson Millar found that many people are concerned that more could have been done to prevent the damage caused by the floods.

  • 74% of people thought that the government didn't do enough to prevent flood damage.
  • 83% though that more could have been done to infrastructure to lessen the extent of the damage caused by flooding.

Our interactive flood graphic can give you a better idea of the areas most affected and the storms that caused the damage -

Simpson Millar's Commercial Law team provide advice to businesses in Yorkshire on a wide range of legal issues, Arif is experienced in a range of litigated areas including professional negligence, debt recovery and consumer litigation.

Arif also supports business owners with claims against insurance companies in respect to various issues including flooding. Get in touch for any help and support.

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Dated: 02/02/2015

Author: Greg Cox

Landlord - Residential Letting Contract

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