Plastics : New Recycling Rules - Making Companies Pay for Their Packaging Waste -

What is changing?

 
Starting in October, big companies in the UK will have to pay for the packaging they create, like crisp bags, bottles, and takeaway containers. 

This new rule is called Extended Producer Responsibility (EPR).

 
How it works:

• Companies pay based on how much packaging they make and what it's made of
• Hard-to-recycle materials will cost more
• This makes companies responsible for their waste instead of leaving it to the councils to deal with

Why now?

• UK recycling rates have stopped improving and even gone down slightly. 
• The national household recycling rate dropped from 44.6% in 2021 to 44.1% in 2022.

Why Retailers Are Worried:

 
The main concern is money:

• The new tax could cost retailers £2 billion this year
• Marks and Spencer expects to pay £40 million annually
• This comes on top of other rising costs like higher wages and taxes
• Companies worry they'll have to raise prices or cut jobs

Why this change is actually good?

 
Benefits for everyone:

• Fairer system: companies that use sustainable packaging won't be at a disadvantage anymore
• Innovation boost: businesses will create better, more recyclable packaging to save money
• Environmental progress: less waste and better recycling
• Future advantage: UK companies will be ready for similar rules in Europe

Real examples: 

• Starbucks is already switching to compostable cups in Europe, moving away from hard-to-recycle plastic-lined cups.

High street shops (UK):

The truth about shop closures:

• 2024 had the second-lowest number of shop closures in 10 years
• 35 shops closed per day, but 25 new ones opened
• Overall, there were 3,802 more closures than openings

What's growing:

• Convenience stores (171 new ones)
• Coffee shops (105 new ones)
• Drive-through outlets

What's shrinking:

• Bank branches(moving online)
• Some fashion stores

High street shops: 

Refers to retail stores located on the main commercial street or shopping area in a town or city:

• Physical brick-and-mortar stores (as opposed to online retailers)
• Located in busy, central shopping areas with high foot traffic
• Often include chain stores and well-known brands (Boots, Marks & Spencer, H&M, Zara, ...)

Bottom line:

• The high street is changing. People shop differently now, so stores are adapting.