In a time when every day seems to bring new news of a high street retailer or long time manufacturer suffering damaging profit reductions, or even losses in these tough economic times,  eBay has however bucked the trend and given a strong indication of ecommerce’s growth. All of the statistics released show good news for [...]

The UK economy has narrowly avoided a ‘double-dip’ recession, as the latest statistics released today have revealed, with growth of 0.5% The growth – for January – March 2011 – returns us back to ‘square one’ in a way, following the 0.5% economic contraction we saw in the last 3 months of 2010. The news [...]

Supermarket giant Tesco have officially become the first major retailer to sell used cars online. The company, who are Britains biggest retailer, have been adding more and more services to their repetoire over the past few months, with my opticians, phone shops, insurance and car tyres all available, alongside entertainment items, clothing and general groceries. [...]

Industry figures have suggested that, as expected, more and more people are turning to card payments and online purchasing rather than the traditional ‘cash in the shop’ method. In 2010, the £288bn spent using debit card purchases (a 9.4% increase) actually outstripped cash payments which totalled £266bn. Internet shopping – particularly through the heavy shopping [...]

During the last 3 months of 2010, the UK’s economy suffered a disappointing setback. GDP (Gross Domestic Product) decreased by 0.6% from October to December, something which nobody wanted to see. Last years extremely bad weather has been burdened with a lot of the blame for this economic slump, with the huge amounts of snow driving [...]