Shoppers in the UK will spend £200m a day on the internet in the run up to Christmas, with the total holiday spend likely to hit £4bn, a survey suggests. The bumper Christmas online spend - set to be about 50% more than last year - will be followed by big internet sales in 2008, Deloitte's report forecasts. Growth is driven by greater consumer ease with shopping online and the fact more firms now sell via the internet. But rising online spending may cut high street sales, another report suggests.
Source - The BBC
