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UK e-commerce sales rise 81% in 2004

OUT-LAW News, 07/11/2005

The value of internet sales by businesses rose to £71.1 billion in 2004, an increase of 81% on the 2003 figure of £39.3 billion, according to "experimental statistics" from the Office for National Statistics (ONS), published on Friday.

Other key findings

  • The value of internet sales to households rose to £18.1 billion in 2004 from £10.8 billion in 2003, a rise of 67.6%.
  • 6.7% of businesses sold over the internet in 2004 (5.4% in 2003) while 35.3% made purchases over the internet in 2004 (29.4% in 2003).
  • 32% of businesses with 1,000 or more employees sold over the internet in 2004 and 70.3% purchased over the internet in 2004.
  • Internet purchases by businesses rose 64.6%, from £37.9 billion in 2003 to £62.4 billion in 2004.
  • 33.8% of businesses had a website in 2004, compared to 30.7% of businesses in 2003. Of businesses with 1,000 or more employees, 98.1% had a website in 2004.

A total of 12,000 firms were questioned in the survey. Financial firms' trading figures are excluded.

 

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