12/01/2012 04:13 GMT | Updated 22/05/2015 06:12 BST

Hot Or Not: Madonna's Cut-Out Shift Dress

Madonna promoted W.E in London today and after wearing a string of glamorous red carpet gowns to the film festivals last summer, she opted for something a little more demure for the UK photocall.

madonna Madonna at the W.E photocall. Photo: PA

We say demure, but let's be honest - that cleavage-flashing, keyhole neckline is verging on risque (or for a more technical way of putting it, she has mastered the art of 'peek-a-boob', a la Nicole Scherzinger).

Madonna teamed her navy blue shift with her recent red carpet staple, a pair of fish-net tights and peep-toe pumps and as for the hair and makeup, side-swept curls and pink lipgloss completed her look.

The director was joined by star of the film, Andrea Riseborough who gave us another example of her sartorial style in high-waisted trousers and a cream blouse. We knew there was a reason why she's in our ones to watch of 2012 list.

andrea-riseborough Andrea Riseborough. Photo: PA

So how do you rate Madonna's latest look? Fashion faux-pas or fabulous figure? Let us know and take a look below to see the Material Girl's style evolution.

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