The London Stock Exchange index closed on Thursday at 7,387.87, down 45.16 points.
Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings. The council said the policy had encouraged recycling Residents of one of the first regions to have their bins collected only once a month have complained of having to burn waste, ask older neighbours to take their rubbish or stand in their dustbins to push the contents down and make more space.People in Conwy, north Wales, say the four-week collection policy, which started as a trial four months ago has caused them misery.The system is also in place in other areas, while more councils across the country are planning to shift to a similar schedule. He said cutting collections would likely have “adverse public health consequences”.”Four weeks is a long time for waste to be left, particularly in warmer weather,” he said.”Worse still, if people miss a bin collection for some reason then waste could be sat in bins for up to eight weeks; it simply isn’t good enough.”A council spokesman said recycling had gone up 15 per cent since the introduction of the policy, adding: “We do advise residents use recycling centres to dispose of extra waste, but it would be much better to recycle it in the first place.” In Conwy, recycling, food waste and nappy bins are collected every week, but the general waste bins are only taken once every four weeks. One local, 44-year-old Lee Morris told the Daily Mail he had resorted to putting waste on the coal fire over Christmas, or dumping it in a skip at his workplace.Conservative assembly member Darren Millar said that in his area there have been numerous incidents of fly-tipping following the introduction of the policy. It comes after once council advised residents to put their rubbish in the freezer to prevent nasty odours while collections were cancelled over the festive period.Derby City Council also recommended that old tins be used by children in craft projects, despite their potentially dangerous sharp edges. Food waste is collected more frequentlyCredit:Alamy