Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Technology
Charles Arthur

Christmas starts here! Online, at least..

Sure, you're still shaking your head at your credit card, wondering why you bought granny that chance to fly a Russian MIG. Still, don't worry. According to a breathless press release we received today, Christmas 08 is going to be a boom time for online shopping.

Here you go..

E-tailers enjoyed a record breaking rise in Christmas shopping online last year, according to the latest figures from the IMRG which revealed a £15.2 billion spend. And this growth is expected to continue, with over 50% of the UK's online shoppers intending to increase their online spend in the run up to Christmas 2008– according to the latest Logan Tod Online Shopping Index, out today.


"More than 80% of adults in the UK shopped online this year, which is a rise of 5% on last year's figures," says Matthew Tod, Chief Executive at Logan Tod. "We believe that the key drivers for Christmas 2008's predicted growth will be the older age groups. The over 40s and over 50s are still discovering the benefits of shopping online and this trend will doubtless continue to next year."


That's if anyone has any money left to spend, after the joys of today's exclusive about a UK property fund, New Star's credit crunch woes, the fun in the US and the rumbling concerns about monolines (you haven't heard of them? Follow the link, Nils Pratley explains).

And remember, only 320 shopping days left until Christmas - it's a leap year, you see, so you get an extra day to click that link... and rack up the interest on your credit card.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.