Cowell buys presents for 'X Factor' finalists

Simon Cowell reportedly splashed out on Christmas presents for X Factor finalists Leona Lewis and Ray Quinn.

The music mogul bought jewellery for the pair as a reward for their performances on the talent show.

According to The Sun, winner Leona received a necklace and earring set costing £15,000, whilst runner-up Ray got a £9,000 diamond-encrusted Jacab & Co watch.

A source told the newspaper, "Simon wanted to reward them for their hard work. He thinks they both have a bright future in the music business and wanted to give them their first taste of the luxuries their new careers will bring them."