Online shopping records expected to be smashed on Mega Monday

Apparently we are all going to log on today (Monday 3 December) and do our Christmas shopping.  £465million of it, according to the people who crunch retail spending numbers.  And most of us will be spending in one frantic hour, between 8 and 9pm.

Shopping via mobile is predicted to be ten times higher than last year, and despite flat high street spending during November, credit card companies are expecting Monday 3 December to be the busiest online shopping day ever. 

However, some analysts are sounding a note of caution, as figures over past months suggest consumers are spending less and are reducing their debts in the face of rising household costs.

For more on this story, see  http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/9717777/Mega-Monday-to-deliver-record-sales-for-web-retailers.html