Business

Cyber ​​Monday will see Britons splashing out £2.4m per minute in record spending

SHOPPERS will make an average of £2.4m a minute today on record spend.

They will blow 3.5 billion pounds to create Cyber ​​Monday even bigger Black Friday.

People over the age of 50, in particular, will skip stores looking for websites because of the fear of Covid, they added.

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People over the age of 50, in particular, will skip stores looking for websites because of the fear of Covid, they added.Credit: Alamy

Experts say many people want to buy now in case the product sells out before Christmas.

And people over 50 in particular will skip stores in search of websites because of the fear of Covid, they added.

That would also make online spending worth £2.3 billion the largest today.

A study by GlobalData Retail found that more than £14 billion would be paid out in the week to Cyber ​​Monday.

Analysts have brought Black Friday’s total to a record £3.4 billion – with online sales of £2.24 billion.

The previous top online shopping days came last year with £1.93 billion on Black Friday and £1.78 billion on Gifting Day.

Data firm Springboard says store visits fell 14% in 2019, with six in ten shoppers wanting to avoid crowded stores amid worries about the Omicron virus.

GlobalData Retail’s Joseph Robinson added: “People want to make Christmas special after missing out last year.”

Black Friday and Cyber ​​Monday

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https://www.thesun.co.uk/money/16877715/cyber-monday-2-4million-minute-record-spending-spree/ Cyber ​​Monday will see Britons splashing out £2.4m per minute in record spending

Bobby Allyn

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