The new Band Aid 30 single raised just under two million dollars in just five minutes - and is the fastest selling single for 2014.

Organiser and co-writer Bob Geldof admits the pre-release demand for the reworked version of 'Do They Know It's Christmas Time?' - has been "bonkers."

Within four or five minutes of its debut on television show The X Factor, organisers had clocked up a million pounds.

A physical release of the song will be available from December 8 at a cost of just under eight dollars with proceeds going towards helping the Ebola crisis in West Africa.