(She should be so lucky).

Price made the comment about Powell, who still represents Andre, on The Graham Norton Show last month, which was later picked up by the tabloids.

Powell's solicitor said:

"To be accused of infidelity, with one of her longstanding and high-profile clients, was obviously very damaging and distressing for Ms Powell - the most obvious reason being that the allegation was completely untrue."

Price's solictor added:

"She greatly regrets what has happened, and joins in the making of this statement in order to assist in setting the record straight."

She paid a substantial amount to Powell, who said outside court:

"I'm just glad it's been sorted. I didn't really want to be in court but if something bad is said which is going to trash your reputation, you have to clear your name."

We didn't think there was enough money in the world to compensate anyone accused of sleeping with Peter Andre and for the irreversible damage to their reputation (or enough for Price to pay herself for trashing her own reputation for the last decade)...