Despite sluggish sales on the High Street, data from the Interactive Retail Media Group shows that online shopping accounted for 6.3 per cent of total spending this year.
Further research by the European Interactive Advertising Association also found that some 30 per cent of British consumers bought more than 16 items online in 2004, compared with 19 per cent of shoppers across Europe.
In some sectors, such as retail, companies found that online sales eclipsed catalogue sales for the first time.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements