UK internet economy ‘worth billions’

We have all been inundated with all the “bad” news about the economy so it is great to share the lastest “good” news just published on the BBC website.

According to a study commissioned by Google The internet is worth £100bn a year to the UK economy.

The report, “The Connected Kingdom: How the internet is transforming the UK”,  says that the internet’s contribution to GDP is set to grow by about 10% annually, reaching 10% of GDP by 2015.

Small businesses that actively use the internet report sales growth more than four times greater than that of less active companies.

Matt Brittin, managing director of Google UK, said: “The internet is a central pillar of the UK’s economy“.

“The sector has come of age, and with great prospects for further growth the UK internet economy will be vital to the UK’s future prosperity,” he added.

Here is a link to the full article

We were actually presenting at the weekend at Wealth Creation Summit so we know that working within the internet economy has unlimited possibilities both as an internet marketing business in its own right or using the internet marketing tools and strategies to help traditional businesses to grow and prosper.

Here Chris talks about his view of what 2011 will bring

Here Michael Thomas shares his reasons for attending the Wealth Creation Summit with Susan

To Your Success in 2010 and beyond

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