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Aviva CEO cautions about building homes in flood zones due to increasing flood risk
According to BBC Business, Aviva CEO Amanda Blanc cautions that building homes in flood zones is illogical as flood risk rises. She cites numbers such as 115,000 new homes expected to be built in flood zones over the next decade and 6.3 million homes and businesses in England at risk of flooding, with Aviva research indicating growing risk for 2022-2024 new homes. The piece discusses policy context and Aviva’s stance on infrastructure investment and pension-related considerations.
economy2 h ago
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