UK floods 'will cost water company up to £35m'

UK water company Severn Trent today estimated the cost of dealing with last month’s flood crisis at between £25m (€38m) and £35m (€51m).

Severn described the scale of the emergency as unprecedented in the recent history of the UK water industry after the rivers Avon and Severn burst their banks and forced the evacuation of the company’s Mythe Water treatment works near Tewkesbury.