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Retailers may face £1bn recycling costs

Retailers may be forced to pay millions towards recycling their waste, under new government proposals to tackle waste in the UK.

According to the Guardian, government ministers are considering proposals that would see companies pay more towards collecting and recycling their waste.

Currently, retailers and other businesses only pay a small amount towards the collection and recycling costs of their waste.

The new proposals would see industry contributions rocket, from £70m a year to between £500m and £1bn a year.

The proposals also suggest an increase in the number of companies that would have to contribute, meaning smaller retailers and producers would be forced to pay, although there is no clear indication yet of where the threshold would lie.

The full proposals are set to be released in the coming weeks.

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