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GBP 130 billion spent in 2006

Latest figures from the Office for National Statistics (ONS) (opens in new tab) 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 (opens in new tab) 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 (opens in new tab) 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.

Désiré Athow
Contributor

Désiré has been musing and writing about technology during a career spanning four decades. He dabbled in website building and web hosting when DHTML and frames were en vogue and started writing about the impact of technology on society just before the start of the Y2K hysteria at the turn of the last millennium. Following an eight-year stint at ITProPortal.com where he discovered the joys of global tech-fests, Désiré now heads up TechRadar Pro. Previously he was a freelance technology journalist at Incisive Media, Breakthrough Publishing and Vnunet, and Business Magazine. He also launched and hosted the first Tech Radio Show on Radio Plus.