G-Cloud boss Will we shop BEYOND
takes swipe our way out of
at CIOs the recession?
Retailers Goldman Sachs
tool-up for believes hopes of
social media getting out of Britain’s
double dip recession lie
Over 30% of UK with consumers.
Chris Chant, head retailers plan to
of the government’s introduce social media
G-Cloud initiative tools for business
has announced his purposes in the next
retirement and fired two years in a bid to The investment bank
a broadside at public combat slowing online predicts consumer
sector CIOs and their sales, according to a spending will rise by
suppliers who he recent survey by IDC 1.3% in 2012 after a
accuses of an absence Retail Insights. drop of 1.2% last year.
of capability and a Although this compares
resistance to change. The competitive poorly with an average
dynamics of online annual rise of 3.8
He accuses government retail in the UK are percent in the 10 years
CIOs, including himself, changing, says IDC. before 2008, it is above
of being guilty for too Retailers can no longer current government
long of taking the easy rely on increasing predictions of 0.5%.
path, but adds that broadband penetration
the public sector is no and rising numbers The small upswing
longer willing to put up of online shoppers would be enough to
with the poor service to spur growth, as drive growth into the
and delivery that it has these drivers are now country’s economy,
experienced; and is reaching their peak. because consumer TURN
looking for new ways [continued] spending accounts PAGE
of working. for 60% of demand.
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