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Brits spent £19m an hour on Cyber Monday

UK consumers spent a total £456 million on 5th December

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7 December 2011

Brits spent £19m an hour on Cyber Monday”

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Online shoppers are reported to have spent around £19 million an hour on Monday (5th December).

UK consumers spent a total £456 million on 'Cyber Monday'- the biggest internet shopping day of the year - with sales peaking between 1pm and 2pm when office staff went online during their lunch breaks, reports the Daily Telegraph.

The figures represent a 14 per cent rise compared to last year, as UK credit card holders were attracted by special one-day deals.

Many also chose to do some Christmas shopping on the move, with Argos revealing that more than 200,000 items were reserved by smartphone and tablet computer users.

Earlier this month, internet analysis firm Experian Hitwise forecast that over two billion visits will be made to online retailers throughout December.

The company estimates that UK consumers will spend a total of 350 million hours shopping online in December, equating to eight hours and 45 minutes per person.

Posted by Jack Ramsey

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Credit Cards	0% Balance Transfers	0% Purchases	APR Representative (Variable)
	Tesco ClubCard Credit Card
	9 months	15 months	16.9^%
16.9% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.9% p.a(variable).
	Virgin Credit Card
	20 months	3 months	16.8^%
16.8% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.8% p.a(variable).
	Barclaycard Platinum with BT
	22 months	3 months	17.5^%
17.5% APR representative (variable). Based on a credit limit of 1200 and purchase rate 17.5% p.a(variable).
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