29% of British households will own a digital radio in 2008

29% of British households will own a digital radio in 2008, according to the Digital Radio Development Bureau. This represents a 12-fold increase on the number of digital radios in use this year. The forecast claims the industry will grow to be worth an annual 500 mln British pounds by 2008, up from 234 mln in 2006 and just 90 mln pounds in 2004.