THE TRUE VALUE OF THE ONLINE ECONOMY

How much is the internet really worth?

As reported by the BBC, the internet has recently been found to contribute over £100 billion to the UK economy each year. 

In a study commissioned by search engine giant Google, industry experts have found that online business accounts for 7.2% of the UK's entire gross domestic product (GDP). 

What does this mean in real terms?

Well - if the internet was an economic sector, these results mean that it would be the UK's fifth-largest. This places it ahead of construction, utilities and transport, showing how important online activity has become for both businesses around the UK and the country's economy as a whole. 

Read the full story on the BBC News website here:

www.bbc.co.uk/news/technology-11635318

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