Cate Blanchett celebrates winning Best Actress for "Blue Jasmine" at the BAFTA awards ceremony in London
Cate Blanchett celebrates winning Best Actress for "Blue Jasmine" at the British Academy of Film and Arts (BAFTA) awards ceremony at the Royal Opera House in London February 16, 2014. REUTERS/Suzanne REUTERS/Suzanne

The coveted Best Actress award in the recently concluded BAFTA (British Academy of Film and Television Arts) was taken home by seasoned actress Cate Blanchett in the movie "Blue Jasmine." Her portrayal of a fallen Manhattan socialite Jasmine in Woody Allen's who has lost all her money and homeless but still oblivious to the fact that she is broke and is struggling with her current financial status. A review from the Vanity Fair views the film as Allen's cruelest film ever but is the most human in all of his films.

The BAFTA awardee looked dazzling in a black floral dress while walking down the red carpet. However, during her walk on the red carpet she has avoided questions about the alleged sexual abuse accusations on Allen. The accusation was filed by Allen's ex-partner Mia Farrow and adopted daughter Dylan.

The 44-year-old Australian actress dedicated the award to the one of her close friends in the business, Philip Seymour Hoffman, who has passed away due to heroin overdose last February 2014. "Phil, buddy, this is for you, you bastard, I hope you are proud," Blanchett said in her acceptance speech.

This award, however, is not the first BAFTA for Blanchett as she has also received the award for the movies "Elizabeth" in 1999 and "The Aviator" in 2005. This may seem like a possible signs for another Oscar for the "Blue Jasmine" star. Many are eager for the upcoming Oscars in March 2, to see if the BAFTA awardees will still reclaim their spot in the limelight. Although it does look promising for Blanchett.

Other Best Actress nominees who also shined were Amy Adams in the "American Hustle," Sandra Bullock in "Gravity," Emma Thompson in "Saving Mr. Banks," and Judi Dench in "Philomena." Even with the current problems faced by Allen, Blanchett seemed like a woman in control and composed.

Most Hollywood insiders view the BAFTA awards as a dry run for the Oscars but will the same stars emerge victorious is still too soon to tell. It is still anybody's game until the winners are read aloud in the upcoming Oscars.