Meghan Markle Picks Ralph & Russo for Her Wedding Dress

The fashion world is abuzz with speculation as to which couturier will have the honour of creating Meghan Markle's wedding dress.

However, according to a royal insider, the answer may have been revealed.

The source claims that Meghan has chosen Ralph and Russo, a British brand.

If this information is correct, the decision by Prince Harry's bride would provide a welcome boost for the UK's fashion industry.

Bookies were inundated with bets on Alexander McQueen last month, after rumours circulated that the fashion house would design Meghan's dress.

However, if the insider is accurate, those bets will be lost.

Ralph and Russo, based in a seven-story Mayfair salon overlooking the gardens of Buckingham Palace, specialises in elaborate couture dresses studded with crystals, feathers, iridescent metallic features and floor-sweeping trains.

Prices start at £30,000, and customers are admitted by appointment only.

Ralph and Russo was the first British fashion house to be invited to the Paris Couture Shows in a century.

The brand could provide the expected combination of royal elegance and Hollywood glamour.

Adored by A-list Americans such as Beyoncé and Gwyneth Paltrow, Ralph and Russo made the skirt suit that Angelina Jolie wore to accept her honorary damehood from the Queen in 2014.

Meghan has already demonstrated her fondness for the duo's handmade creations by wearing a daring transparent gown in her official engagement photos, which was priced at a staggering £55,980.

The outfit comprised a silk organza skirt, hand-appliqued with silk tulle ruffles, and a sheer bodice decorated with intricate gold feather threadwork and beads.

Known as couture's coolest couple, Tamara Ralph and Michael Russo founded their business with only a sewing machine and an ironing board in London in 2007.

Tamara, who is the same age as Meghan, is the daughter and granddaughter of Sydney Couturiers.

She met Michael, then a financial consultant in London, on her first day on holiday in the capital in 2003.

The brand is growing by 400% a year and was given a nine-figure valuation when phones-for-you billionaire John Codwell bought seven per cent of it in 2014.

Ralph and Russo are known for their elaborate couture dresses studded with crystals, feathers, iridescent metallic features and floor-sweeping trains.