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Circularity Scotland collapsed with debts of £86m

Circularity Scotland collapsed with debts of £86m

According to documents, the organisation responsible for managing Scotland’s Deposit Return Scheme (DRS) collapsed with debts and financial obligations worth £86 million. Circularity Scotland, the non-profit entity, which received funding from the drinks industry, went bankrupt in June due to the postponement of the Scottish DRS deadline until October 2025, in line with the rest...

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Deposit return scheme firm appoints administrators

Deposit return scheme firm appoints administrators

The collapse of Circularity Scotland, the firm hired by the Scottish Government to run the deposit return scheme (DRS), which has been delayed until 2025, has resulted in administrators being appointed. Circular Economy Minister Lorna Slater (pictured) expressed her concern for the 60 workers affected and blamed the firm’s demise on conditions imposed by the...