2012 floods cost UK an estimated £13bn

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Press TV - 12/31/12

The recent months’ downpours in Britain have cost the country £13 billion due to flooding of houses and major disruptions to the transport network.
 
The recent months’ downpours in Britain have cost the country £13 billion due to flooding of houses and major disruptions to the transport network.
 

Flooding in Britain’s wettest year on record made the country’s economy suffer a £12 billion loss in the summer and autumn and is expected to cost another £1 billion during the Christmas period, the Association of British Insurers (ABI) estimated.

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