Meryl Streep, 'The Artist' Win BAFTA Awards

The race for the Best Actress Oscar is going to be a nailbiter. Meryl Streep was honored for her portrayal of Margaret Thatcher in The Iron Lady Sunday by the British Academy of Film and Television, beating out SAG winner Viola Davis. Both actresses — along with Michelle Williams, Glenn Close and Rooney Mara — are nominated for the Oscar, which will be handed out on Sunday, February 24.

After her name was called, Streep, 62, lost one of her stilettoes on the way to the stage, but was helped out in a Cinderella moment by presenter Colin Firth, who embraced Streep after replacing her shoe. “That couldn’t be worse!” Streep said, in a characteristically self-deprecating speech. It was Streep's second BAFTA win out of 14 nominations, her previous being for The French Lieutenant’s Woman in 1981, according to the Daily Telegraph.

Another big winner of the night was The Artist, which has been amassing countless trophies and nominations throughout the awards season. The silent film won seven BAFTAs, including Best Film, Best Actor for Jean Dujardin and Best Director for Michael Hazanavicius.

View a complete list of BAFTA winners here.

Watch Streep lose her shoe on the way up to the podium here:

You might also like:

Best Makeup: Will 'Deathly Hallows' Vanquish Thatcher?

SAG Awards: What They Mean For The Oscars

Go Backstage At The Oscars With Oscar.com

Billy Crystal To Step In As Oscars Host