Climate Threat To Firms
UK small businesses face a significant threat from climate change and dire financial consequences due to a lack of insurance, according to a new report.
The findings suggest that fewer than one in three businesses has a contingency plan to cover business interruption.
And only 8% of businesses in flooded areas received any form of flood risk warning.
Just one in four firms in flood-risk areas views climate change as a real threat to business, the report found.