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| Storm Desmond: £50m flood fund pledged for victims | Storm Desmond: £50m flood fund pledged for victims |
| (35 minutes later) | |
| George Osborne has announced a £50m fund for families and businesses hit by floods in Cumbria and Lancashire. | George Osborne has announced a £50m fund for families and businesses hit by floods in Cumbria and Lancashire. |
| The announcement came in the Commons, where the chancellor was standing in for David Cameron during Prime Minister's Questions. | |
| He was responding to shadow first secretary of state Angela Eagle's request for a guarantee that those affected would receive help quickly. | He was responding to shadow first secretary of state Angela Eagle's request for a guarantee that those affected would receive help quickly. |
| Mr Osborne said families would be able to claim up to £5,000 each. | |
| Funding would be administered by local authorities to avoid delays, he added. | |
| He said the level of damage to the infrastructure and existing flood defences in parts of Cumbria and Lancashire was currently being assessed, and funds would be made available. | |
| Labour's Ms Eagle said only 15% of those affected by last winter's floods had received promised financial assistance. |