Wednesday, October 27, 2010

Well Connected

The internet contributes £100 billion to Britain's GDP and is responsible for 250 000 UK jobs, with "experts" believing the internet now wields a bigger influence of the British economy than construction, transport or utilities.

Boston Consulting Group (BCG) estimated that investment in internet infrastructure, on-line connection costs and web-based sales, contributed £100 billion to the economy, or 7.2% of GDP, in 2009, and they predicted that the internet will grow to account for 10% of UK GDP by 2015.

More at TTel.

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