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Credit crunch will hit recycling industry

The financial crisis has claimed many victims and the waste industry will not be immune to the credit crunch, industry experts have warned.Financial advisory firm Catalyst Corporate Finance research director Mark Wilson told MRW: The waste sector is not going to be immune from the wider economic situation and as the economy goes into recession next year, minus 1% growth and bank lending contracts reduce by 10% this is likely to affect anyone participating in the ...