GBP 130 billion spent in 2006

Latest figures from the Office for National Statistics (ONS) showed that online Sales of UK businesses have enjoyed yet another bumper year in 2006.

The data compiled by the ONS point to a very healthy 29.1 percent jump in revenues compared to 2005, and 2007 is tipped to be even more spectacular as sales approach GBP 170 billion

The survey which was carried out on 8,000 UK firms, found that nearly 7 percent of all sales by the non-financial sector was done online during 2006.

High speed internet has been widely adopted within larger companies (1000 or more employees) with only 1 percent of them on lower speed alternatives.

However, the picture is different in the small and medium business category (10 to 49 employees) where a whopping 30 percent of those surveyed did not have broadband.

Overall the picture depicted by the survey points to some very positive points; nearly seven million people have internet access at their work, and one in seven have a website.