Times (UK): One in six homes in England is at risk of flooding and some £20 billion is needed by 2035 for defences to protect properties from rising sea levels and extreme rainfall, the Environment Agency warns today. Spending on flood defences must rise from £570 million a year to £1 billion a year — and that will protect only 490,000 homes that are at the highest risk of flooding. The threat to entire communities is particularly alarming as vital installations for electricity, water and …