Consumers go online, the High Street goes on sale, and services expand - here's your need-to-know business news roundup.
UK shoppers are turning to the web more quickly than consumers elsewhere in the world.
Some 77 per cent of UK consumers buy items like CDs and books online, according to new figures from KPMG. [BBC]
High Street chains have already begun their ‘January sales’ in an effort to lure consumers off the internet.
Accountants BDO said the High Street’s strategy is “on a par with the ‘panic sales’ of 2008.” [ThisIsMoney]
The UK service sector improved slightly last month according to new figures from Markit/CIPS.
But despite growing the sector laid off staff at a more dramatic pace. [Guardian]