Online Xmas shopping set to soar

The likes of Amazon will benefit
The likes of Amazon will benefit

Internet shopping is set to experience a huge rise as people dodge the credit crunch by taking advantage of cheaper online prices, with Monday 8 December to be the UK's biggest net-shopping day.

Figures from the Interactive Media in Retail Group (IMRG) and Capgemini suggest that £13.16billion will be spent online in the final quarter of 2008 – 15 per cent higher than the same period last year.

This may be a major rise, but actually indicates a slow-down on online shopping growth.

But when, exactly?

8 December – a Monday – is apparently going to be the UK's most frivolous shopping day with an estimated £320million going to be spent online.

Nearly half (42 per cent) of that shopping will be done outside of traditional shopping hours – so before shops open in the morning or after 6pm.

But the peak shopping hour is expected to be between 1pm and 2pm on 8 December, when £29million will be spent online.

We didn't get any details on which minute will be the busiest.

Fantastic bargains

"British shoppers will beat the crunch with internet prices this Christmas, spending more than a billion pounds each week in the run-up, said IMRG Chief Executive James Roper.

"The internet is well established as one of consumers' most powerful economic weapons against tough times. Retailers and suppliers will be under extreme pressure to price competitively this year, so there will be a lot of volatility out there and fantastic bargains."

TOPICS
Patrick Goss

Patrick Goss is the ex-Editor in Chief of TechRadar. Patrick was a passionate and experienced journalist, and he has been lucky enough to work on some of the finest online properties on the planet, building audiences everywhere and establishing himself at the forefront of digital content.  After a long stint as the boss at TechRadar, Patrick has now moved on to a role with Apple, where he is the Managing Editor for the App Store in the UK.

Latest in Computing
A young woman is working on a laptop in a relaxed office space.
I’ll admit, Microsoft’s new Windows 11 update surprised me with its usefulness, providing accessibility fixes, a gamepad keyboard layout, and PC spec cards
Apple MacBook Air M3 on yellow background with lowest price text overlay
Need a new MacBook Air? Well I've found 9 discounts you'll not want to miss, including a MacBook Air M4 Amazon deal
Youtube
YouTube Premium could be getting a new time-saving perk, showing you recommended videos directly in your playback queue
The Kiwi design K4 Boost Battery strap being worn by Hamish
I test VR headsets for a living, and this affordable headstrap is the first Meta Quest 3 accessory you should buy
Both Kiwi design G4 Pro Performance Controller Grips
I thought VR controller grips were pointless until this Meta Quest 3 accessory proved me wrong
The Kiwi design H4 Boost Halo Battery Strap
Want to upgrade your VR headset? Look no further than my new favorite Meta Quest 3 headstrap
Latest in News
Garmin clippd integration
Garmin's golf watches just got a big software integration upgrade to help you improve your game
Robert Downey Jr reveals himself as Doctor Doom to a delighted crowd at San Diego Comic-Con 2024
Marvel is currently making a major announcement about Avengers: Doomsday's cast on YouTube, and I think it's going to be a long-winded reveal
Samsung QN90F on yellow background
Samsung announces US prices for its 2025 mini-LED TV lineup, and it’s good and bad news
Nintendo Switch Lite
Forget the Nintendo Switch 2, the original Switch is getting one last hurrah in a surprise Nintendo Direct tomorrow
The Samsung Galaxy S25 Edge on display the January 22, 2025 Galaxy Unpacked event.
Samsung Galaxy S25 Edge colors seemingly revealed in new video, and there’s another sign of an imminent launch
Microsoft Copiot Studio deep reasoning and agent flows
Microsoft reveals OpenAI-powered Copilot AI agents to bosot your work research and data analysis