Mr Palmer needs a skilled PR consultant if this is to work

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The world has become so obsessed with the ill-fated Titanic on the centenary of its tragic sinking that it was only a matter of time before someone came up with the idea of building a working replica.

Step forward Australian billionaire, Clive Palmer, who says he has agreed a deal with a Chinese firm to construct Titanic II.

It will be ready to sail in 2016 and its design will replicate all the grandeur and luxury of the original vessel.

But Mr Palmer might also care to invest in a skilled PR consultant before proceeding much further.

Asked on BBC radio whether there had been much interest in the project to recreate Titanic, he replied: ‘Oh yes. We have been flooded with inquiries...’