UK Scrap Metal Dealing is Scheduled for Radical Change

UK scrap metal dealing is supposedly worth about £5 billion per annum. However in actual fact this figure is hugely understated because of the amount of thieving and skulduggery that takes place within its auspices. But that is now all set to change, which is good news both for the economy, the industry itself, and the companies from whom the scrap metal is gathered.

UK Scrap Metal Dealing Cash Sales made Illegal
Up until recently it was permissible under law to sell scrap metal for cash. However as from the 3rd of December 2012, making cash payments has become illegal. In approximate figures, it is said that cash sales were responsible for some £1 billion worth of transactions.