Record price for Domain Name

A .co.uk domain name was sold this week for a record price: recycle.co.uk went for £150,000 – so there must be money in being green!

It was bought by ASAP Ventures, who will use the name to launch a company providing information on recycling.

Other high priced sales include mobile.co.uk , recently bought for £120,000 and the £110,000 paid ten years ago ago when Sainsburys bought taste.co.uk.

About Giles

Giles is the founder and managing director of ContractStore. It was his idea to set up a company selling documents online and he has played a major part in the company's development. He is an English solicitor, with over thirty years' experience of drafting and negotiating commercial and construction contracts in the UK and overseas. He has long been convinced that there is a quicker and simpler approach to the delivery and supply of most contracts, and he is an active proponent of the use of plain English in legal documents. He specialises in the drafting of construction and engineering contracts and as well as contributing contracts to the ContractStore website, he is co-author of the JCT Constructing Excellence Contract publiushed in 2007 (and its predecessor, the Be Collaborative Contract, which is available online from ContractStore).
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