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http://www.martinstabe.com/blog/2005/04/12/british-political-blogosphere-readership/ -
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How many blog accesses are genuine reads? Who knows!
Aggregator sites always attract a lot of readers because people can quickly scan for stuff they find relevant and then go to the full articles - the blogosphere in the UK and US is different as the big US bloggers know there's no money to be made in writing anything, just aggregating (Vodkapundit is another example). All the money in blogging is providing services: eg software, hosting, ads or aggregation.
British bloggers like Tim Worstall actually write their own content and don't act as mere aggregators (at least most of the time, he does do sometimes and deliberatly so for the Britblog roundup).