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Don’t let 2015 be a washout!

13 February 2015
Issue: 7640 / Categories: Features , Property
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Last winter, the UK witnessed an unprecedented pattern of intense storms, delivering the worst period of rainfall for 248 years. This resulted in serious and devastating damage to properties and infrastructure across the country.

As our climate continues to change, there is a real risk of last year’s weather catastrophe repeating itself. Of the 5.2m properties in the UK currently at risk of flooding, the Department for Environment, Food & Rural Affairs estimates that 1.4m of these are at risk from flooding by rivers or the sea, and with sea levels predicted to rise again by 11-16cm in the coming years, the outlook for these properties is bleak.

The government’s Autumn Statement delivered the welcome news of a £2.3bn cash injection into restoring and enhancing the network of flood defences across the UK. This six-year programme is targeting the most at-risk locations. In addition, Flood Re is being introduced to assist homeowners with accessing affordable flood insurance. However, Flood Re is only designed to last for 25 years and is a transitional arrangement

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MOVERS & SHAKERS

CBI South-East Council—Mike Wilson

CBI South-East Council—Mike Wilson

Blake Morgan managing partner appointed chair of CBI South-East Council

Birketts—Phillippa O’Neill

Birketts—Phillippa O’Neill

Commercial dispute resolution team welcomes partner in Cambridge

Charles Russell Speechlys—Matthew Griffin

Charles Russell Speechlys—Matthew Griffin

Firm strengthens international funds capability with senior hire

NEWS
The proposed £11bn redress scheme following the Supreme Court’s motor finance rulings is analysed in this week’s NLJ by Fred Philpott of Gough Square Chambers
In this week's issue, Stephen Gold, NLJ columnist and former district judge, surveys another eclectic fortnight in procedure. With humour and humanity, he reminds readers that beneath the procedural dust, the law still changes lives
Generative AI isn’t the villain of the courtroom—it’s the misunderstanding of it that’s dangerous, argues Dr Alan Ma of Birmingham City University and the Birmingham Law Society in this week's NLJ
James Naylor of Naylor Solicitors dissects the government’s plan to outlaw upward-only rent review (UORR) clauses in new commercial leases under Schedule 31 of the English Devolution and Community Empowerment Bill, in this week's NLJ. The reform, he explains, marks a seismic shift in landlord-tenant power dynamics: rents will no longer rise inexorably, and tenants gain statutory caps and procedural rights
Writing in NLJ this week, James Harrison and Jenna Coad of Penningtons Manches Cooper chart the Privy Council’s demolition of the long-standing ‘shareholder rule’ in Jardine Strategic v Oasis Investments
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