It's clearly a ridiculous amount. In English law 'punitive damages' (or 'exemplary damages', as they're called here) can only be awarded in very limited circumstances, which wouldn't apply if a similar case came before the courts in England or Wales.
However (even though the sums can be much lower than in the USA) our courts do sometimes make some very silly awards. That's because, in cases before a jury, it's entirely up to the jury to determine what sum should be awarded. (The judge isn't allowed to guide them). So, back in 1991, William Roache was awarded £50k simply because The Sun referred to him as 'boring'! (If I'd been on that jury, I'd have suggested 50p as a more reasonable amount!)