Huggy Armchair.

Designed by Brit Leissler of Lagostudio, this 'Huggy Armchair' is a chair and a bed! The mattress bends round to form the arms and back of what looks like the coziest chair in the world! And when it is being used as a bed, the base can be turned upside down to form a handy bed side table.

If I had £1095 to spend I would totally buy this...