Tesco has been pretty proud of the way it rakes in one out of every seven pounds UK shoppers spend and is by far our largest money-taker – but the all-powerful internet beat it last year.

Finally living up to all those promises made by dotcom shopping businesses shortly before they went bust in 2001, The Internet raked in £46.6bn during 2007, a massive 50% increase over 2006’s pocketmoney level of £30.2bn…