Katie Price reportedly back with Alex Reid

Just days after exclusively telling HELLO! that she wasn't ruling out a reconciliation with cagefighter Alex, Katie Price and her ex-boyfriend are reportedly back together.

Alex, who is currently on his way back to the UK after surprising the former glamour model in Australia, has apparently arranged a meeting with Katie in the next 48 hours.

"He was devastated when Kate dumped him on live TV, but they had a deep and meaningful heart-to-heart on Kate's final night in Australia," a source tells the Mirror.

"She apologised, they had a hug and a kiss, and Alex came away feeling very positive. He knew the chemistry just couldn't go away overnight.

"He is still besotted with her and believes they have a great future together.

"Kate believes she got herself in a mess and ended the relationship for the wrong reasons."

Alex, who bought a £22,000 pink diamond engagement ring in Dubai, is still though to have every intention of proposing.

Photo: © Rex