Tom Cruise celebrates cheap divorce by going clubbing in London - The Sun

TOM Cruise watches his son Connor's first DJ set in the UK – and celebrates getting out of his divorce on the cheap.

The 50-year-old newly-divorced movie star was seen at celeb haven club Chinawhite watching his offspring's gig and it's been reported that his bulging bank account hasn't taken the beating it could have done.

It's thought his ex-wife Katie Holmes will be getting nothing other than child support with no lump sum payout and takes into account the pre-nup.

According to reports, Katie will be getting around £250,000 a year for child support - which is peanuts when it comes to Tom's £157 million nest egg.

Other reports say she may have bagged herself a house and £9million.

And last night Tom kept 17-year-old adopted son Connor's feet on the ground as he made sure the DJ booth was an alcohol-free zone as they were joined by sister Isabella too.

But with a global megastar as your dad, it was only right that the DJ was later whisked off to Cruise's private jet where he flew to Zurich to carry on his tour.

After watching Connor behind the decks, Tom left early through a tourist shop on Oxford street - perhaps having time to pick up a souvenir or two.

And he can afford to splash out now he's been given good news about his divorce settlement.

Budding designer Katie is set to wow fashionistas with her first-ever showing of her collection at New York Fashion Week.

She'll be showcasing her brand Holmes & Yang - formed in 2008 with her stylist Jeanne Yang - alongside the fashion elite.

The luxury label is potentially being shown on the same day as former pal Victoria Beckham.

Katie was just seen taking her daughter Suri to her gym class in New York.

The 33-year-old actress is also thought to have appeared in a secret performance of play One Day When We Were Young last week in Massachusetts to rave reviews.