Blog
Sectors of the Economy - Online is Worth £100bn
30th October 2010
Britain is turning into a nation of online shopkeepers and shoppers - according to the first major analysis of the online economy in a survey commissioned by Google. This brief video by the excellent Rory Cellan-Jones highlights the growth of one online business - UK Tights - as a good example of the entrepreneurial spirit which is driving growth by so many UK firms. The Google study suggests that the UK’s online industries now contribute more to the economy than either the construction industry or transport. The researchers also found that the country’s internet economy employs a quarter of a million people.