UK e-commerce Growth to be Focus of Olympic Event


x 1984 801387068 0 0 14034069 300 UK e commerce Growth to be Focus of Olympic EventThe huge strides made in the UK’s online shopping industry are set to be highlighted at a business legacy event help to mark the Summer Games.

According to e-commerce trade association IMRG, the UK’s market is only second to the US in terms of value, as its set to grow by 13 per cent in 2012 to hit £77 billion.

IMRG managing director John Andrews said that British retailers export more than the rest of Europe’s e-commerce sellers put together.

“It is a huge business – last year our research found there were 228,000 UK online retail businesses now, an estimated 30 per cent more than the year before,” he said.

The UK’s e-rail dominance is set to be a key topic for discussion at an event to be held over the summer by the British Business Embassy.

Participants at the business legacy event will consult on how the nation’s innovation can impact globally and discuss how British and international e-commerce companies can collaborate in the future.

Source – Hostway

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