ONS report on e-commerce published
Total sales via e-commerce represented 18% of business turnover in 2012, down from 19% in 2011, according to a report published by the Office for National Statistics (ONS). The figures include sales made by Electronic Data Interchange (EDI).
Sales made via websites represented only 6% of total business turnover in 2012 and the ONS figures also revealed that the total value of website sales reached £164 billion in 2012, up from £92 billion in 2008.
Businesses urged to safeguard against flooding
The Environment Agency (EA) has urged businesses to take action to minimise the risk to their business caused by flood damage, by taking steps such as preparing a comprehensive flood plan. The EA estimates that the cost to business of flooding totalled £200 million in 2012, due to property and contents damage, lost working days, and related costs such as infrastructure disruption.
The EA warned that 175,000 businesses in England and Wales are at risk of flooding. David Rooke of the EA said: “It is vital that businesses plan for weather impacts to safeguard their operations today and in the future. Every £1 spent on preventing flooding saves £8 in repairing damage.”