Online spend by Britons totals £38bn (From The Bolton News)

Online spend by Britons totals £38bn

11:48am Wednesday 3rd February 2010 in

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BRITONS are the biggest online spenders in Europe, making nearly a third of all internet purchases across the continent during 2009, according to a new report.

Consumers in the UK collectively spent an estimated £38 billion online last year, accounting for 30 per cent of total European internet sales, according to price comparison site Kelkoo.

Despite the recession, online sales grew by 12 per cent in the UK during 2009, with purchases made over the internet making up 9.5 per cent of all retail sales in this country.

The report, which was carried out by the Centre for Retail Research, predicts the UK online market will continue to expand during 2010, growing by 12.4 per cent to £42.7 billion.