Most expensive cocktail: 15,250 pounds a pop

The world’s most expensive cocktail contains a diamond ring instead of an olive! The drink, created by Harvey Nichols in Manchester, has to be escorted to diner’s tables flanked by security guards. The dazzle cocktail contains a six and a half carrot pink tourmaline and diamond ring set in 18-carrot white gold. The drink was the brainchild of senior bartender Jay Malik, 24, who was asked to devise a drink to fit with the restaurant’s Pink Dinners month. A special safe has been brought in for the bar to keep the rings in and customers can choose any ring they want from the range - the most expensive being a 27,000 pounds sterling two-carrot engagement ring.

Most expensive shoes: 1 million pounds

Would you feel like a princess or what when you wear something worth 1m pounds? The most expensive shoes in the world were on sale at Harrods in London. After a photo-call for the press, the shoes were locked away in a bullet-proof case where they will be guarded round-the-clock. The shoes, inspired by the ruby slippers from The Wizard of Oz, were woven from platinum thread and set with 642 rubies. They were designed by Stuart Weitzman.

Most expensive hair cut: 1,925 pounds

If you want London stylist Lee Stafford to cut your hair, make sure you are extra loaded. He calls it a “couture cut”. And the only place where you can get one is his house. Champagne, hors d’oeuvres and a follow-up trim as part of the package.

Most expensive house: 70 million pounds

This one is hardly a secret: The infamously lavish new estate in England known as Updown Court in Windlesham, north Surrey. 103 rooms, 58 acres, a private helipad, five swimming pools. Forbes.com put the mansion at the top of its list of “the priciest residences on the planet” which are for sale.

Most expensive tea bag: 7,500 pounds

To celebrate PG Tips 75th birthday, Boodles jewelers produced this tea bag. It took three months to make and has been hand-crafted using 280 diamonds. Pete Harbour, spokesman for PG Tips has been quoted: “As it’s our 75th birthday, we wanted to do something special to remind people just how much they love the great British cup of tea.”

Most expensive jeans: Over $ 4,000

They wanted to be “the Mercedes-Benz, the Maybach of the denim industry”. And APO jeans have done just that with a pair costing as much as $ 4,000 or more. They offer mens and ladies jeans with Silver Buttons and Rivets at $1,000, 14k White or Yellow Gold Button and Rivets at $1,500, Platinum Button and Rivets at $3,250, and the Diamond Button and Rivets start at $4,000. All Jeans will come with Authenticity Number as well as an Appraisal Sheet from a top Jeweler in the NY diamond district. Of course, you could buy the economy version: they run only $1,000 a pair. APO jeans are constructed from denim woven in India that costs $40 a yard, compared with the $2- to $3-per-yard cost of materials for most designer denim. Buttons and rivets are made with precious metals or, if a customer is willing to shell out $4,000 or more, up to a dozen white diamonds on the main button.

Most expensive watch: $11 million

One of the most complicated watches ever made, it also became the most expensive watch ever sold when it was hammered down for $11 million at Sotheby’s.

The gold pocket watch features 24 complications, (Complications are mechanical functions of the watch other than the hours, minutes and seconds.)

Most expensive phone: 28, 000 pounds

Peter Aloisson, who makes phones covered in gold and diamonds for affluent clients, is the man responsible for making the most expensive phone ever. It costs more than a BMW 3-series convertible, or a Jaguar S-Type. A Motorola covered in 1200 diamonds and featuring a keyboard soaked in 18-carat gold, the phone is priced at 28, 000 pound sterling. The new phone beat the previous record held by another Aloisson ‘Diamante’ phone - an identical model featuring a paltry 950 diamonds laid into the gold bodywork. That phone retailed for 23, 000 pound sterling. “The people who buy my phones don’t have to worry about security - they all have bodyguards,” he told UK tabloid The Sun.

Most expensive nail polish: $250