Posted by Inder in Current Affairs
on Oct 28th, 2010 | 0 comments
Working within the promotions industry, we know the importance of the internet and how it’s vital for business. New research shows the internet is worth £100bn a year to the UK economy, a study has concluded.
The research, which was commissioned by Google, found that the internet accounts for 7.2% of the UK’s gross domestic product (GDP). If the internet was an economic sector it would be the UK’s fifth largest, said the report from the Boston Consulting Group (BCG). This would make the sector larger than the construction, transport and utilities industries.
Some 60% of the £100bn a year...