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07 December 2015

Small businesses show their resilience to floods

 

Severe flooding is currently affecting businesses and homes across much of the North West of England and Scotland. FSB would like to commend the efforts of many small businesses that have gone above and beyond to ensure they stay open and support their local community where possible.

John Allan, National Chairman for the Federation of Small Businesses, said:

“We would like to thank emergency services, Environment Agency staff and volunteers for their quick reactions and hard work in helping businesses limit the damage.

“We know that despite the water, many small businesses do manage to stay open and continue to support their customers. When disasters hit they are often at the forefront of the recovery effort, and we encourage local people not to assume everything is closed but continue to stand by their local small firms.”

A recent FSB survey found that two thirds of small businesses have been negatively affected by severe weather in the last three years. The financial cost of these severe weather events over this period was, on average, just under £7,000 for each affected business. 

John Allan continued: “If your small business has been affected by the flooding the Environment Agency in England, SEPA in Scotland, Natural Resources Wales and Northern Ireland Environment Agency all have advice and information to help you deal with the effects of extreme weather.

“We encourage insurance companies to react quickly to help small businesses with flooding insurance get back on their feet and we will be monitoring the situation closely.

“We would urge all small businesses to make time to clarify their risk of flooding, design a resilience plan and where available, sign up to the Flood Warnings Direct service.”