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computer recycling
double dip recession
credit crisis
redundant equipment
equipment purchases
spending habits
disposable income
The Effect Of The UK Recession On The Computer Recycling Industry
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The Effect Of the UK Recession on the Computer Recycling Industry

The UK is currently within a double dip recession starting after the Global credit crisis from back in 2008. Due to many economical factors the UK saw the deepest recession since the second world war. This has affected UK industry in many ways from company liquidations through to redundancy and companies cutting back on their spending habits. In order to survive many companies have slashed budgets including their annual IT equipment budget. This has had a knock on effect onto the computer recycling industry in the UK, with some negative and some positive effects.

Historically companies in the UK have been some of the biggest investors in their IT infrastructure in the world. Having the latest technology in order for staff to get the most out of their work has been key to growth in their industry. However with budgets being cut, something has to give. Typically a company that would keep computer equipment for 3 years seems now to be changing their equipment every 4 or 5 years. This allows the project managers to use less resource in upgrading and also spread the costs over a bigger period of time.

When new equipment is purchased, there is redundant equipment hence the need for computer recycling. Most have seen a small reduction in the amount of equipment being recycled in the UK, over the last few years. This has prompted greater competition in the market place on price and service with some companies closing because of the drop in trade. The market place now seems to be streamlined with only the leading companies surviving.

Although there is a negative effect of the recession on new equipment purchases there is a increase in companies and individuals looking to purchase refurbished IT equipment. Historically working equipment was exported for resale as there was a higher demand than in the UK. But now, due to the recession buying second hand equipment is proving more and more popular due to us having less disposable income. Remarketing companies are seeing an increase in trade and more and more computer recycling companies are popping up trying to capitalise on the upturn in business. However with only so much high quality equipment out there, there is a lot of competition to source the right equipment.

As the UK looks of ways to increase trade and generate a spark within the economy, IT budgets will surely increase as companies look to technology for help. This will help computer manufacturers and then generate the redundant equipment boom feeding the computer disposal and remarketing industry with fresh equipment.


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