Towning refuses to claim for the damage on his insurance. "I wont insure it, as I didnt want it in the first place," he says, adding: "Not a single client of mine in 35 years has ever said Ive acted incorrectly in business."

smart is now producing an , with a production ready model set to be displayed at the Frankfurt Motor Show next month. Produced in collaboration with renowned e-bike manufacturer , based near Berlin, the new will go on sale across Europe and the USA in the first half of 2012.

Rupert Everett appears at Telegraph Hay Festival 2013 (Pic: Clara Molden)

17463 views

On Wall Street, indices ended lower on 15 October as fears surrounding the ongoing fiscal stalemate weighed on investor sentiment.