New research reports that online shopping in the UK will increase by over 50 percent and will account for £1 in every £7 spent by 2018, reported The Telegraph. The online market is expected to have a value of £50 billion by the same period, which is predicted to be fueled by a growing number of consumers buying via mobile technology.
Currently, UK shoppers spend about £1 per every £10 spent online, including food and non-food retail sales.
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