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Don't dump Christmas presents - rent them out

Many thoughts may cross your mind when unwrapping that knitted jumper from Auntie Aggie on Christmas Day – but will you consider renting it out?

The firm behind a money-saving website is calling for people to do exactly that, saving waste from landfill and providing a source of income. is allowing people to list items for rent until the end of March 2012 without paying a fee.

Research commissioned by the company earlier this year showed that £2.9bn had been spent on unused or little used items in the previous 12 months.

Seperate research from the British Video Association suggested more than £1bn of unwanted Christmas presents had been accumulated by UK adults.

Warren Heal, founder of, said: “Most of us feel the pinch after the holiday season and, for this reason, is continuing to give users the opportunity to earn some extra cash by renting out presents and household items that they are either not going to use at all or will rarely use.”

With reuse high up the waste management hierarchy, 2012 could be the year to rent out disappointing Christmas gifts.

Or of course you could always give them to charity.

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