
A Picasso artwork has sold for nearly £50 million - the highest auction price for any painting ever sold in Europe in pounds.
The artist's portrait of Marie-Therese Walter, known as his "golden muse", sold for £49.8 million at Sotheby's London on Wednesday evening.
The 1937 painting has never been sold on the market before, having previously been part of a private collection.
Femme au beret et a la robe quadrillee was painted in the same year as the artist's famous Guernica.