Online spending in the UK is set to reach £56bn by 2014 as the web defies the recession, according to analyst Forrester Research.
Internet sales will grow at a yearly rate of six per cent over the next six years, says the survey, which covered more than 4,100 UK consumers as well as large retailers with a web presence. Around 28 million UK consumers shop online today and the figure is set to jump to 37 million by 2014, the equivalent of £56bn in value.
UK consumers are leading the online shopping trend, with spending reaching around £1,312 per person per year.