10th MILLION .UK NAME REGISTERED

Last week was a very important milestone for the Internet.

The 10 millionth .uk domain name was registered with Nominet.

The 10 millionth web address ending in .uk has been claimed by the founder of Hampshire-based firm, SN Technologies.

Nominet took charge of the top-level domain name in 1996 when there were 26,000 .uk sites. Nominet described the news as a “mega-milestone”.

UK HAS MOST INTERNET BASED ECONOMY

On another good note for the UK and the internet, the UK is the “most internet-based major economy”. The “internet economy” was worth £121bn in 2010, more than £2,000 per person, researchers at the Boston Consulting Group (BCG) said.

The United Kingdom also does far more retail online than any other major economy.

Some 13.5% of all purchases were done over the internet in 2010, according to BCG, and this is projected to rise to 23% by 2016.

BCG said that the overall UK website economy is particularly fast-growing.

They predict it will continue to expand at a rate of 11% per year for the next four years, reaching a total value of £221bn by 2016.

This is extremely good news for anyone that has a good online presence or sells products online.

If you are interested in an online eCommerce store and don’t know where to start. Then please don’t hesitate to get in touch.