Teleplan Identifies Fall in Thrifty Attitudes

Teleplan, a company specialising in electronics after-sales, says that British people throw away more than £1.4 billion ($2.1 billion) every year. In a recent survey, 69% of respondents had had one electrical item break in the last two years, while 23% had had between two and four break. ‘Most people’ simply throw these broken items away, rather than choosing to have them repaired. Almost 50% of those surveyed said that they did not consider the items concerned worth replacing. Around 10% said they couldn’t be bothered to make a warranty claim or pay for a repair. 34% simply purchased a replacement item.

Analyst Comments

I suspect that the rapid spread of mobile devices, which have a notoriously short lifespan, has something to do with Teleplan’s findings. (TA)