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London fashion week celebrates its 40th birthday – but will recession cramp its style?

The city is set to be packed with celebrities this weekend as catwalks and the Baftas collide in the capital

Nominees including Claire Foy, Ryan Gosling and Carey Mulligan will be on the red carpet at the Royal Festival Hall, along withDavid Beckham, who will be presenting an award, and Sophie Ellis-Bextor, who will perform her Saltburn-revived hit, Murder on the Dancefloor, at the ceremony. Photograph: Yui Mok/PAAfter Preen held its show on a breezy floating moored catwalk at Woods Quay on the bank of the Thames, Justin Thornton, the co-designer who runs the brand with his wife, Thea Bregazzi, said: “We would have gone ahead even if it was raining.” Now 78, Costelloe, who rose to fame as an early favourite of Diana, Princess of Wales, was unable to attend his latest show due to illness, but wrote in a message to guests that his showcase of herringbone tweed coats and ivory wool tailoring “expresses my view that classic design still has its place in high fashion”.

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