More than £860m to be spent on flood protections as heavy rain batters the UK A flooded road in south London after heavy rainfall (@DanHolden85/PA) More than £860 million is to be invested in flood prevention schemes across the UK over the next year, the Government has announced. The plan, which will benefit over 1,000 local schemes and help protect homes and businesses, is part of the coastal erosion investment plan, published on Thursday. It comes as heavy downpours battered the country, causing disruption from Scotland to London with the Met Office putting both yellow and amber weather warnings in place.