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ExclusiveNew deal to close stolen phone recycling loophole worth £4 million

UK Crime Prevention Minister James Brokenshire has announced a new mobile industry code of practice that's designed to stop stolen phones being recycled for cash.

90% of handsets reported stolen in the UK are now blocked across all networks within 48 hours of reporting, making them virtually useless to criminals trying to sell them within the UK. However, until now it's been possible to sell these phones to recycling companies.

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