Shoreditch is a little bit of a pastiche of itself nowadays.
A lot of high end brands have moved in, especially along Redchurch Street, and a lot of the original artists have moved to cheaper areas.
That said, there are still some great bars, shops and sights to see, and is one of my favourite areas in London (I did live there, so I am bias).
The Hoxton is a nice enough hotel, compact but wellnlaid out rooms. One word of warning, the neon lights in the corridors are very harsh. One friend who used to stay a lot due to work would always complain that they would set of her migranes.
Tube wise, Liverpool Street is a longer walk than Old Street Station, but better for the lines available (central line).
I'm not sure what the price is like, but I've heard good reviews of the Andaz at Liverpool Street.
The Hilton Double Tree at Tower of London is a good location and has a fab roof top bar. Again, no idea on prices.
Red
I think there were quite high waisted. I have no wish to relive the horror that was low slung jeans of the early 2000's!
Elle that's a beautiful colour on you.