Treasury announces which flood defence projects will share £2.3bn

More than 1,400 flood defence projects are to receive funding to protect 300,000 homes, the Treasury has said.

It says the £2.3bn investment - which is not new money - will help prevent £30bn of damage in areas including the Thames and Humber Estuaries.

But Labour has accused ministers of only partially restoring spending on flood defences that was cut when the coalition came to power.

Robert Peston reports.