What could be the MAIN cause of my Ford Ka 1.3 (T-Reg) smoking out of the left-hand

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side of the engine bay? My Ford Ka 1.3 has recently started to smoke after a 5-10 min journey, out of the left hand-side (nearside) of the engine bay - and also the performance goes right down, to the point where it will hardly pull up a hill!! The smell is like a strong burning metal, like an angle-grinder would smell like - rather than an exhaust/oil smell. It is not using water though, which I find strange, but it is drastically over-heating. When the car is left for 15 minutes to cool - it is fine again, but after a 5-10 min journey, the same thing happens again, I don't know if it is a separate issue, but the brakes fail miserably when this happens too.
 
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