£1m+ firms move to eBay trading

The number of million-pound businesses trading on eBay has grown ten-fold since the start of the recession.

There will be more than 120 small firms trading online with a turnover of more than 1m by the end of the year. Jody Ford, of eBay, said: "It is tremendous to see this surge in the number of thriving small firms at a time when the economy has been struggling."