Hurley says no to trust fund money

British model-turned-actor Liz Hurley has refused an offer of £100,000 ($313,000) a year from American millionaire Steve Bing, the father of her baby son, towards the child's upbringing.

Bing had said he would pay the money into a trust for son Damian. But Hurley, 37, said the money was "not wanted or welcome".

DNA tests in June showed Bing was the father. He wants to make the payments until the boy is 18.

Hurley said: "I have always made it perfectly clear to Stephen Bing ... that I don't want any financial help from him whatsoever. Damian and I are managing very well by ourselves."