Toughening of scrap metal regulations

An organisation to tackle metal thieves and toughen up scrap metal yard regulations was announced in chancellor George Osborne’s Autumn Statement.

The £5 million national task force, set up to target metal thieves and scrap metal dealers who trade in stolen goods, comes after a reported increase in metal thefts over the past few months.

The Home Office is also looking at overhauling the  1964 Scrap Metal Dealers Act to see if it can deter the number of metal thefts nationwide. These moves follow an online petition, signed by 40,000 people, calling for the Government to outlaw cash transactions at scrap metal yards and a private members’ bill introduced by Labour MP Graham Jones.

The private members’ bill calls for the abolition of cash payments for scrap, make photo ID mandatory for sellers and give police powers to close any yard where stolen material was found.

So if you’re a firm that legitimately sells scrap metal to your local scrap yard you could soon be doing business in a different way.

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