Wait and Load Rubbish Removal – £1billion pounds of unused/unwanted electronic equipment
UK homeowners have been estimated to be hoarding up to £1billion pounds of unused/unwanted electronic equipment in their homes, which still holds a significant value. The UK market for trading pre-owed equipment is projected to be worth up to £3 billion pounds.
The government has backed plans to improve how electronic waste is disposed, by supporting 51 companies such as Samsung, Dell, B&Q and Argos etc.… Consumers will now be advised to trade in their unwanted electrical goods to retailers in exchange for money or vouchers as a part of a national initiative that has recently been revealed.
According to the government waste advisory body (Wrap), encouraging trade-ins of used TV’s alone could increase the GDP by over £750 million pounds a year by 2020, representing up to 66% of TV sales within the UK.
Further research undertaken by the government waste advisory body, Wrap, has revealed that two-thirds of customers would trade their unwanted electrical items, while 55% said they would purchase used quality goods from a reputable retailer.