Allen, Lohan 'planning on recording duet'

Lily Allen and Lindsay Lohan are reportedly planning to record a duet together.

The pair have been partying together in New York and are eager to secure some studio time to work together, according to The Sun.

"They've discussed making a record together, possibly at a pre-arranged studio, while they're away on holiday," a source told the publication.

"They have been getting on really well and they're planning a summer escape, along with Lindsay's girlfriend Samantha Ronson.

"They've discussed the Bahamas and are also planning a trip to the Coachella Music Festival in April to see Amy Winehouse perform."

Allen struck up a friendship with Lohan and her girlfriend after being introduced by Ronson's producer brother Mark last year.