A teenager entrepreneur who set up an electronics company for just 50p has built up the company to such an extent that it now boasts an annual turnover of just under £400,000.

16-year old Gary Cooper started his online company selling mobile phones and electronic gadgets two years ago, and now employs four staff.

The teenager - who is currently studying for his A-levels - commented, "I don't talk about business life at school. I just mix in with the rest of my class."