investment

Are small businesses in the UK making the best use of the Internet?

UK businesses are falling behind on the money to be made using the internet.

Research shows small firms in the UK make more than £36 billion a year through web related revenue, but many more are missing out on this business opportunity. As many as 46% of small businesses were not capitalising on the potential internet business, and over 30% are not investing in internet tools to help get into this business opportunity.

All this is made more difficult as UK broadband speeds fall behind those of our competitors despite the Government promise to invest and improve broadband speeds over the next 5 years. We are told nowby the government that by 2015 two thirds of UK will have access to faster broadband which is pleasing to hear. What they do not say is that only a few months ago this was stated as being 90% by 2015. EU goal is to have this by 2013, so we see already the UK is falling further and further behind. This cannot bode well for our future growth as a nation at time when our economy needs as much help as possible.

http://t.co/Ia6ddzi via @BroadbandExpert