Schoolboy makes £14k selling crisps

A spokesperson for the auction site Ebay has confirmed they are looking into the legitimacy of bids in the case of Tommie Rose's signed bottle of Lucozade. They say they will be offering advice to Tommie on managing sales.

Tommie Rose hit the headlines last week when he was threatened with suspension from school because he'd been selling sweets to his mates making thousands of pounds. 15 year old Tommie raised fourteen thousand pounds and says he wants to use it to pay for tuition fees at university.

Now, Tommie has signed a bottle of Lucozade and has put that up for auction on Ebay and the bids have already topped the £1million pound mark. The bidding is due to come to an end tomorrow afternoon.

Schoolboy Tommie Rose is bidding to crack the world of online business by selling a Lucozade bottle signed by hime on ebay. And it's working! Read the full story here.

James Inman, Headteacher at Buile Hill Visual Arts College, said:

The schoolboy facing suspension for making thousands of pounds selling sweets and snacks told Granada Reports in 2011 that his 'black market' business venture was on its way out.

• Watch More: Pupil explains how he's made £14K in the playground

Three years later and Tommie Rose has increased his fortune - earning £14,000 selling chocolate, crisps and fizzy drinks to pupils at Buile Hill High School in Salford.

He says the money will go towards his University tuition fees.

Leading business people have backed a teenage entrepreneur who is facing suspension by his school for running a 'black market' tuck shop.

Tommie Rose, 15, raked in £14,000 by selling chocolate, crisps and fizzy drinks to pupils at Buile Hill High School, Salford.

He even employed two friends to help run his business.

Business leaders including Dragons' Den star Theo Paphitis said Tommie's entrepreneurial spirit should be encouraged.

A 15-year-old schoolboy has been threatened with suspension making £14,000 selling sweets to pals in the playground.

• Read more: Leading entrepreneurs support 'blackmarket' schoolboy

Budding businessman Tommie Rose buys them in bulk and sells them at competitive prices, even employing two mates to help run his business, paying them £5.50 a day. He says the money will go towards his University tuition fees.