Online Shopping Boom Continues Post-Pandemic
- Online sales expected to reach £120.48bn in 2021
- Increase of 11% compared to pre-pandemic levels
- VoucherCodes.co.uk report predicts growth
A recent report by VoucherCodes.co.uk predicts that UK online sales will continue to grow, reaching £120.48bn in 2021. This represents an 11% increase compared to pre-pandemic levels and accounts for almost a third (30.2%) of overall retail spending. The surge in online shopping is expected to continue as consumers adapt to the new normal.
Factuality Level: 7
Factuality Justification: The article provides a clear statement based on a source (VoucherCodes.co.uk) and discusses a specific prediction for online spending in the UK for 2021. However, it lacks additional context or supporting information to back up the claim.
Noise Level: 3
Noise Justification: The article provides a simple prediction based on a single source and does not offer much analysis or context beyond the initial statement.
Financial Relevance: Yes
Financial Markets Impacted: Online retailers and brick-and-mortar stores
Financial Rating Justification: This article discusses the financial impact of increased online shopping on UK consumers, which can affect both online retailers and physical store businesses, as well as the overall economy.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the text.
www.retailsector.co.uk 
