Bob Geldof says Band Aid 30 single raised £1million ‘within four or five minutes’

The Boomtown Rats singer also reveals he was 'a bit nervous' about the release

Bob Geldof has called the demand for the new Band Aid single “bonkers”, revealing that the release had raised £1million in five minutes.

The new version of ‘Do They Know It’s Christmas?’ has been recorded to raise money to help combat the spread of Ebola for Band Aid’s 30th anniversary and was premiered on The X Factor last night (November 16). One Direction, Elbow, Bastille, Queen’s Roger Taylor, Rita Ora, Jessie Ware, Ed Sheeran, Clean Bandit, Paloma Faith, Emeli Sande and Ellie Goulding are all taking part in the recording.

Speaking to BBC Radio 4’s Today programme earlier today, the Boomtown Rats singer said that while he had been “a bit nervous” before its release, the public reaction to the updated version of ‘Do They Know It’s Christmas’ has been “extraordinary”.

“From what we’ve seen from iTunes it’s gone bonkers. Within four or five minutes we had a million quid,” Geldof said, as reported by BBC News, also telling BBC Breakfast: “I love living in this country at moments like this.”

The single was made available to buy online this morning (November 17) for 99p, with the physical release coming on December 8, complete with remixes from Disclosure and Underworld.

The £1million raised includes pre-orders for the CD single, which is priced at £4.

The original song was released 30 years ago and featured George Michael, David Bowie, Duran Duran, Jody Watley and Boy George, among others. All proceeds went to relieve those affected by famine in Ethiopia. Two more versions of the track were released in 1989 and 2004.