Lily Allen Plans To Launch Her Own Record Label

Lily Allen is setting up her own record label, just like Amy Winehouse.

Speaking at the Q Awards yesterday, where she scooped the best track award for 'The Fear', Lily denied she was quitting music but said she may take a hiatus from singing to focus on other projects.

"I’m not retiring from music. I might retire from singing for a bit. But yet, we’ll see," she told BBC6music.

Asked why she's taking a break, Lily continued: "I don’t know really, I just feel like maybe having a bit of a time for a break from doing that and do something else for a while.

"I love working in music. I like to help other bands and stuff so I’m thinking about - well we’re in talks about setting up my own label and dedicating the next couple of years to that."

Amy Winehouse launched her own imprint Lioness Records this summer with her goddaughter Dionne Bromfield as the first signing.

Lily Allen and more @ The Q Awards 2009: