Hi Wallis,
In the 1980s, I spent two years working in the Planning Department of my local County Council. One of my tasks was to assess what were termed 'constraints' affecting planning applications. Constraints include Green Belt, electricity and gas lines, footpaths, archaeological sites etc. Two of the constraints I had to assess for application sites were the 1947 and 1963 floodplains.
I was always amazed when planning committees granted permission for applications in those floodplains. Often when I learned another floodplain application had been granted I would ask around the office how that could happen. I always got the same reply from my fellow planners - "We need the building land, that area is only expected to flood once every fifty years, and its up to people to be insured".
That was in the 1980s. Since then, New Labour have become fixated on this build, build, build mentality, far more than Margaret Thatcher. It's quite obvious that floodplain development is even more acceptable to this government and that they are still happy for the inevitable flood damage to be met by insurers.