Online retailers set for busiest day of the year

The UK is set for its biggest internet shopping day of the year, according to the Interactive Media in Retail Group.

The organisation estimates £320m will be spent online on Monday 8 December, with the peak time between 1pm and 2pm when many employees are on their lunch breaks.

IMRG estimates the total amount spent on the internet over Christmas will be £13.6bn as shoppers look away from the high street for bargains.

It is thought 5.2m consumers will make an internet purchase in the run-up to Christmas.