Prime Minister Tony Blair is to issue a wake up call to UK companies about their failure to exploit commercial opportunities offered by the Interet.

Even big UK firms lag behind their US counterparts in creating on-line businesses, says a report commissioned by Mr Blauir on how to make the UK a leader in e-commerce.

The report cites evidence that German companies were pulling ahead of their UK rivals in exploiting the Internet and that France was catching up fast.

Converted for the new archive on 13 March 2001. Some images and formatting may have been lost in the conversion.