SMEs drive increase in web activity

More than half of UK businesses expect to increase their spending on online activities in the next 12 months, research has...

More than half of UK businesses expect to increase their spending on online activities in the next 12 months, research has revealed.

The 2003 annual Continental Research report, which surveyed 500 UK firms, also found that nearly 20% of companies expect this increase to be "considerable".

Medium-sized businesses are driving the spending, with 25% of those surveyed saying they expect their online activity to increase "a lot" next year.

Colin Shaddick, director at Continental Research, said, "The enthusiasm of medium-sized businesses will help them experiment, while their decision-making processes will not be slowed down by size."

The push by the banking community to encourage business to use online services is driving e-business growth, Shaddick said.

Last year, 24% of UK businesses were carrying out some type of banking activity online and this has risen to 36% this year.

Read more on IT for small and medium-sized enterprises (SME)

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