Online nets £1 in every £10 spent on UK retail

Just over £1 in every £10 spent in a UK retail transaction in February was spent online, according to the latest official retail sales figures.

The Office for National Statistics’ (ONS) Retail Sales Bulletin for February 2012, published today, found that 10.7% of all UK retail sales were made over the internet – or £1.07 in every £10. The bulletin put the weekly average spent online at £573.6m, up from the £432.6m estimated for February 2011, when that was equivalent to 8.3% of all retail sales. Read the full article here.