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UK Online Retail To Grow 13% In 2012

The forecast further strengthens the UK’s position as a global leader in the market, second only to the US in terms of market value. The market has exploded in recent years, with 30% of all cross border trade in Europe, going through UK retailers. The UK’s online retail market is set to reach £77 billion. The British dominance in online retail is one of the main topics of discussion at the British Business Embassy at Lancaster House on Aug. 9.

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