{"id":1302,"date":"2026-09-25T14:27:17","date_gmt":"2026-09-25T14:27:17","guid":{"rendered":"https:\/\/stock789.top\/?p=1302"},"modified":"2026-09-25T14:27:17","modified_gmt":"2026-09-25T14:27:17","slug":"plea-as-uk-recycling-firm-in-85m-collapse-with-650-jobs-lost","status":"publish","type":"post","link":"https:\/\/stock789.top\/?p=1302","title":{"rendered":"Plea as UK recycling firm in \u00a385m collapse with 650 jobs lost"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.oxfordmail.co.uk\/resources\/images\/21499751\/\" \/><\/p>\n<p>\n  Laura Gordon, cabinet member for the economy and the environment at Oxfordshire County Council, has written to the government calling for the reopening of a recycling facility in Newport, Wales.\n<\/p>\n<p>\n  The Liberal Democrat made the request last month as the county council temporarily limited the number of unwanted fridges and freezers it could take at its household waste recycling centres.\n<\/p>\n<p>\n  READ MORE: Jeremy Clarkson makes \u00a3700m warning after Cotswolds protests\n<\/p>\n<p>\n  Oxfordshire&#8217;s district and city council were also asked to make similar restrictions on bulky waste, with most agreeing.\n<\/p>\n<p>\n  At the time, Ms Gordon said: \u201cI have written to the government to suggest steps they could take to alleviate the situation at a national level.\n<\/p>\n<p>\n  \u201cUnfortunately, our capacity for treatment nationally has been reduced by a third and we have now had to introduce temporary restrictions at our household waste recycling centres to help manage a growing backlog as we seek to maintain the service for residents.&#8221;\n<\/p>\n<p>\n  Fridges and freezers (Image: John Hocknell)\n<\/p>\n<p>\n  Following the announcement, a group of Liberal Democrat MPs also sent a letter to Emma Hardy, minister of state for environment, food and rural affairs.\n<\/p>\n<p>\n  Calling it a &#8220;national crisis&#8221;, they said their constituents have been &#8220;left confused by collection arrangements and the safe disposal of fridges and freezers is at risk, with an increased threat of fly tipping now present&#8221;.\n<\/p>\n<p>\n  Olly Glover, Charlie Maynard, Freddie Van Mierlo, Layla Moran and Calum Miller all signed the letter.\n<\/p>\n<p>\n  One of the solutions identified by Ms Gordon, according to the BBC, was for a Newport facility to reopen after it closed in November last year following Unimetals going into liquidation.\n<\/p>\n<p>\n  Ms Gordon said: &#8220;Fridges and freezers require specialist recycling because of the cooling gases which can deplete the ozone, if they&#8217;re not handled correctly.\n<\/p>\n<p>\n  Olly Glover, MP for Didcot and Wantage (Image: Oxford Mail)\n<\/p>\n<p>\n  &#8220;Unfortunately, due to fires at two recycling sites and the bankruptcy of a third, national capacity is down massively.&#8221;\n<\/p>\n<p>\n  Unimetals Recycling, which is headquartered in Stratford-upon-Avon and operated 28 sites nationwide, collapsed into liquidation last year.\n<\/p>\n<p>\n  It followed several notices of intention to appoint administrators by the firm, with advisers from Alvarez &amp; Marsal managing discussions with possible buyers.\n<\/p>\n<p>\n  Unfortunately they were unable to secure a deal.\n<\/p>\n<p>\n  The company reportedly employed 650 people across its 28 sites, with all jobs likely to have been lost as a resolution to liquidate the business was passed earlier this year.\n<\/p>\n<p>\n  READ MORE: UK luxury business backed by David Cameron in \u00a3500K collapse\n<\/p>\n<p>\n  A statement of affairs in relation to Unimetals Group Limited &#8211; one of various corporate entities associated with the business that were in liquidation &#8211; revealed the scale of its creditors which totalled \u00a385,130,185.70.\n<\/p>\n<p>\n  Sims Group Holdings was owed \u00a362,771,539.52, with Unimetals having taken over the global company&#8217;s UK-based business in 2024.\n<\/p>\n<p>\n  A related Unimetals company was owed \u00a322,235,746.55, while Deloitte was owed \u00a324,915.60 and JP Morgan was owed \u00a3769.55.\n<\/p>\n<p>\n  Unimetals and its liquidators have been approached for comment.\n<\/p>\n<p>#Plea #recycling #firm #85m #collapse #jobs #lost<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Laura Gordon, cabinet member for the economy and the environment at Oxfordshire County Council, has written to the government calling for the reopening of a recycling facility in Newport, Wales.&hellip; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1302","post","type-post","status-publish","format-standard","hentry","category-finance-news"],"_links":{"self":[{"href":"https:\/\/stock789.top\/index.php?rest_route=\/wp\/v2\/posts\/1302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stock789.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock789.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock789.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock789.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1302"}],"version-history":[{"count":0,"href":"https:\/\/stock789.top\/index.php?rest_route=\/wp\/v2\/posts\/1302\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock789.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock789.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock789.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}