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Utility giant Veolia put off investing in UK





The boss of a French utility giant said the UK government’s lack of direction on recycling has deterred it from investing here.

Estelle Brachlianoff, chief executive of waste and water giant Veolia, said her firm would pump more cash into endeavours in Britain if there were clearer policies.

She told The Sunday Times: ‘We have a few projects which are waiting to be invested in when we have a clear view of the resource strategy. Consistency of approach is the key to having private investors invest.’

The Government published a waste and resource strategy in 2018 but Brachlianoff said this ‘has still not translated into real stuff’.

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And a plan for a bottle deposit scheme to encourage shoppers to recycle has been delayed. 

Veolia employs almost 14,000 employees in the UK out of its 220,000 global workforce.

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