Bank of England probes payment system crash
The Bank of England has launched an official probe after a key payment system that transfers billions of pounds between banks was suspended. The technical…
Google v Amazon- rivalry grows
Google chairman Eric Schmidt has said the firm’s biggest rival in online search is Amazon. Mr Schmidt fought back at claims that Google enjoyed unrivalled…
UK online spending up by 16% according to Ofcom
UK shoppers’ online spending increased on average by 16% per person in 2012 compared to 2011- according to the latest data from Ofcom.The figures show…
Black Friday ecommerce passes billion Dollar sales
Black Friday sees $1.2 billion spent by Americans on ecommerce via their desktops. Americans have opted for ‘Couch Commerce’ by staying at home, avoiding the…
Ecommerce sales forecast for 2013 holiday season
14 % ecommerce sales forecast to grow to $48.1 Billion for the 2013 U.S. holiday season. The first 24 days of November has seen strong…
New click and collect initiative between eBay and Argos announced
A new UK click and collect initiative has been launched which will mean that online shoppers will be able to order goods from eBay and…
PC sales are in terminal decline new data confirms
Global personal computer (PC) sales have fallen for the fifth quarter in a row, making it the “longest duration of decline” in history.Worldwide PC shipments…
Online sales in UK now £1 in every £8 spent
According to the Financial Times the UK leads the world in our takeup of online sales as roughly £1 in every £8 spent is now…
“Free” computers are creating a very expensive society
While people are created equal, computers are not. When people share information freely, those who own the best computers benefit in ways that impoverish everyone…
Amazon UK paid just £2.4 million tax last year- despite £4 billion sales
Amazon’s UK subsidiary paid £2.4 million in corporate taxes last year the online retailer’s accounts show- despite making sales of £4.3 billion.The tax bill was…