Pablo Picasso’s “Nu au Plateau de Sculpteur”, the world’s most expensive painting, was to go on display Monday for the first time at London’s Tate Modern museum.

The 1932 painting set a world record when it was snapped up by a mystery bidder for 106.5 million dollars at New York’s Christie’s auction house last May.

It will be the first time the painting has been displayed anywhere since 1961 and prompted the famous London museum to create a new Pablo Picasso room to house the loaned work.

London’s Natural History Museum is currently hosting the most stunning yellow diamond in the world – the Cora Sun-Drop.

At 110-carats, the Cora Sun-Drop is roughly the size of a woman’s thumb and is largest vivid yellow pear-shaped diamond known in the world.

It has been lent to the museum by leading US diamond manufacturer Cora International for display to visitors for a limited time.

British luxury brands Chivas Regal and Vivienne Westwood have announced a new collaboration at London Fashion Week – the limited edition Chivas Regal 18 Year Old by Vivienne Westwood.

Vivienne Westwood’s creation for Chivas Regal clearly illustrates Westwood’s unparalleled reputation for design excellence and pattern cutting know how.

With the current design of the Union Flag dating back to 1801 and Chivas Brothers roots also being traced back to this iconic year, the distinctive bottle appears cloaked in Vivienne Westwood’s Union Jack print.

Designers Studio XAG have created a window installation in London for fashion designer Christian Louboutin, spelling out the brand name in bright neon lettering.

The window is furnished with a neon arrow and an array of backlit oversized perspex letters decorated with bulbs.

W Hotels opened its 40th hotel and new flagship in London February 14, bringing the brand’s design-led luxury to the colorful streets of Soho.

The 192-room property stands ten stories tall above the city’s famous Leicester Square and is covered in translucent glass which changes color according to the time of day and the ambience of the area.

The new landmark is designed to establish Starwood’s W Hotels as a truly international luxury design hotel chain.

Thanks to A Room for London design contest, the city’s visitors will be able to stay at a temporary one-bedroom apartment on the roof of the Southbank Centre.

The winning design is a draft by London-based David Kohn Architects and the artist Fiona Banner of a ‘houseboat’ on top of the Queen Elizabeth Hall.

Commissioned by Living Architecture and Artangel, the unusual shelter will be part of the London 2012 festival, with bookings opening September this year.