G-Cloud boss Will we shop BEYOND

cloud

takes swipe our way out of

at CIOs the recession?

Retailers Goldman Sachs

NEWS

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of being guilty for too Retailers can no longer current government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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