How big is the UK’s internet economy?
Posted by Graeme in Economics at 3:32 am on Friday, 23 March 2012
I am entirely unable to understand Boston Consulting Group’s much publicised claim that the “internet economy” contributes 8.3% of UK GDP. They do not define what they mean and I cannot reconcile it with the numbers. Most of the discussion in their document is of online retail so that is clearly important, but lets start with a key question. (more…)
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