A sealing bushing is provided for use with a liquid cooled metal cutting tool of the kind having an elongated tool shaft for mounting with respect to a machine tool turret and formed with a cooling duct, the sealing bushing comprising a tubular member and an annular channel member formed integrally with and surrounding an end portion of the tubular member; the channel member being constituted by the end portion and a skirt portion radially spaced from the tubular portion and integrally coupled thereto by a flange portion, at least the skirt portion being formed of a flexibly resilient material.