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Internet trumps high street for Christmas gifts

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by David Masters
Internet trumps high street for Christmas gifts

Britain’s urban dwellers are shunning the high street in favour of the internet to buy Christmas presents, PayPal has revealed.

Over 40% of the people living in the UK’s major cities have increased the amount of shopping they do online in the past 12 months, a study by the online payments service found.

Manchester and Glasgow showed the biggest increases, with over the half the residents in both cities logging on to the internet to buy this year’s Christmas gifts.

According to PayPal, the trend “looks set to continue”.

“We love the convenience of having our shopping brought to our door, rather than having to carry heavy bags through Christmas crowds,” said Carl Scheible, PayPal UK managing director.

“High streets across Britain have been hit by the recession and many local shops in large cities have closed down,” he added.

“Shoppers have, as a result, increasingly turned to the internet where retailers offer a wider range of goods often at a better price as they no longer have the same costs as high street stores.”

PayPal also warned those shopping online to beware of internet fraudsters.

Last week alone, police at Scotland Yard shut down over 1,200 websites selling what looked to be legitimate items at bargain prices.

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News posted: December 16, 2009

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