A Pablo Picasso portrait of his teenage mistress has sold for £25.2m (€29.7m) at auction.

A RARE portrait of one of Picasso’s mistresses has become the second most expensive artwork sold at auction in the world, after going under the hammer for $95.2 million (€75m) in New York.

A VAN GOGH master-piece has gone under the hammer for over €31 million in New York.