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£100m grant for PFI recycling project

David Beckham was worth £25 million to Manchester when he was sold to Real Madrid - now recycling has brought the city four times that amount. Greater Manchester has been awarded a record £100m from the Government for an audacious attempt to raise its recycling rate from 10% in 2003 to a projected figure of 50% in 2020. Environment Minister Elliot Morley allocated the money for a private finance initiative (PFI) to halt waste growth and improve treatment facilities.