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09/12/2015
€5m Fund Announced For Businesses Affected By Flooding
The government has confirmed a €5m fund for businesses that have suffered property damage due to flooding.
The Red Cross will administer the fund on behalf of the government, and will be used to help small businesses that have been affected by recent flooding caused by a number of storms.
Welcoming the decision, the Minister for Defence, Mr. Simon Coveney TD said: "I welcome this recognition by Government of the impact of the floods on businesses. The impact in the peak Christmas period for businesses is particularly severe."
The fund is intended for businesses in towns recognised to be at flood risk by the OPW and which have been unable to get flood risk insurance.
Fine Gael TD for Cork South West, Jim Daly, has welcomed the announcement: "Small businesses in Cork will benefit from the €5 million in funding that has been set aside to help them deal with the aftermath of recent flooding.
"This has been a very difficult week for Cork homes and businesses. Yet again they are cleaning up after a flooding incident. Rainfall in November was 50% above average and we received almost one months' worth of rain in 48 hours this week."
(MH/CD)
The Red Cross will administer the fund on behalf of the government, and will be used to help small businesses that have been affected by recent flooding caused by a number of storms.
Welcoming the decision, the Minister for Defence, Mr. Simon Coveney TD said: "I welcome this recognition by Government of the impact of the floods on businesses. The impact in the peak Christmas period for businesses is particularly severe."
The fund is intended for businesses in towns recognised to be at flood risk by the OPW and which have been unable to get flood risk insurance.
Fine Gael TD for Cork South West, Jim Daly, has welcomed the announcement: "Small businesses in Cork will benefit from the €5 million in funding that has been set aside to help them deal with the aftermath of recent flooding.
"This has been a very difficult week for Cork homes and businesses. Yet again they are cleaning up after a flooding incident. Rainfall in November was 50% above average and we received almost one months' worth of rain in 48 hours this week."
(MH/CD)
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Ireland WeatherThis Evening and Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Perhaps a touch of ground frost. Cloud will spread east towards morning. Minimum temperature 2 °C.
