Floods Cause Severe Building Damage

The transcript describes a major incident where the main road through New Bern and Newcastle is blocked by debris from unstable flats. Sixty homes have been evacuated, and the area is cordoned off due to safety concerns. Rapid construction and foundation issues are highlighted as potential causes. Meanwhile, a separate flood cleanup is underway in Morpeth, affecting 90 properties. The cost of the floods is estimated at hundreds of millions of pounds, with significant disruption to residents' lives.

What is the estimated cost of the latest floods?

How have the recent floods impacted the lives of the residents?