24-carat gold bike goes up for sale, costing more than a Ferrari

There's no sat nav or radio and it won't go from 0-60mph no matter how hard you try. But at least this gold-plated bike will impress your friends. And with a price tag of £250,000 hopefully impress them a lot.

The gleaming gold 24-carat bike has been created by the London company Goldgenie, who usually specialise in decorating mobile phones.

If you like the look of it, you can even add a few more decorations - diamonds to be precise, for what is not surprisingly being called the ultimate one-in-a-lifetime gift.

So if you know someone really, really, really special then perhaps this is the perfect Christmas gift for them.