London due to host its own version of the Met Gala...

With the Met Gala looming this Bank Holiday Monday (this year's theme is 'Manus x Machina: Fashion in an Age of Technology', don't you know), celebs celebrating one of the high points of the fashion calendar (the other being CFDA) will be thrilled to learn they can also sashay the red carpet in a similar event in London sometime soon.

DazedDigital.com reports that "The British Fashion Council has unveiled the Global Fashion Awards an "event aimed at raising money... Scheduled to take place on December 5th, the Global Fashion Awards will be staged at the Royal Albert Hall in London. The venue has a capacity of over 3,000 people and one of them (if you have the cash) could be you. 'The special thing about this event is that it’s also open to the public for purchasing of tickets,' explains Nadja Swarovski of Swarovski, which is partnering with the BFC."

Given this is being touted as an 'Oscars meets Met Ball' type fundraising event, one can assume you should've started saving for potential "public tickets" a long time ago.

So who will the funds go to? Money raised will go to the BFC’s Education Foundation, to help young fashion hopefuls to realise their potential. According to the report, fashion critic Sarah Mower "issued a stark warning" to Dame Natalie Massenet, chairman of the BFC, stating "that the industry had a 'potential crisis on its hands' and that 'people like an Alexander McQueen, who had a scholarship to go to school, will not emerge and that that we will lose some of the diversity, some of the left-field thinking, the anti-establishment that the fashion industry craves and needs'."

As for the Met Gala; E! are reporting from the red carpet for the first time this coming Monday. While it's being shown live at 7:30 p.m. ET, one can (hopefully) assume it'll be repeated ad nauseam this side of the Atlantic.