This coat was made in the late 1970s by Lakeland, and was designed by Jeffrey Banks, in the early days of his career. It is a classic double breasted peacoat/mackinaw style, made in red and black striped blanket material. The coat draws heavy influence from earlier decades and Lakeland products, like the 1947 “Jackinac”. The silhouette and material are straight out of the 1930s or 1940s, but updated with more modern luxuries like a quilted liner. The Lakeland x Jeffrey Banks line of the late 1970s and early 1980s was made up of these reproduction pieces, in the same way the current Ralph Lauren RRL line is today. Another can be seen here: https://vintagehaberdashers.com/2013/12/16/jeffrey-banks-lakeland-shawl-collar-mackinaw/
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