Figures from the Office for National Statistics (ONS) revealed that firms now generate an average of 19 percent of their turnover from online sales.

Total revenue reached £483bn according to the ONS E-commerce and ICT Activity, 2011 report, which covers multiple UK sectors including retail, production and property.

Developing of IT infrastructure is pushing forward online generated revenue growth, with 34 percent of firm with over 1,000 employees, using broadband speeds of 100Mbit/s or greater.