LEADING City banks and other financial institutions have agreed to take part in a large-scale computer re-cycling operation costing Pounds 1 million. The scheme, which is jointly financed by Lambeth Council and the European Commission's LIFE-Environmental programme, has been selected by Brussels as a possible model for other EU cities.

More than 75,000 London businesses, responsible for 15,000 items of waste IT equipment annually, are covered. Most of the equipment is thrown away at present but the Commission says half of it could be ...

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