From today, metal dealers will no longer be able to trade in cash, and will face tougher sanctions for rogue trading.
The measures are designed to stamp out the illegal metal industry, which costs the UK at least £220 million a year. From 3 December, legislative changes will take effect to:
- remove the ‘no questions asked’ cash payments which have allowed unscrupulous traders to evade checks;
- increase financial penalties – illegal traders will now face fines of up to £5,000;
- give police new powers of entry to tackle illegal trading in metal yards.
– Crime Prevention Minister Jeremy Browne
Metal theft affects everyone and the impact on our communities is immense.
From loss of power to homes and disruption in rail services to desecrated war memorials, all our lives are blighted by this national problem.
This is why the government is acting to tackle it.
These measures are designed to reform the industry to support legitimate dealers and tighten the net around those who flout the rules.