Lol everyone is saying what to lose. I will take a different approach. The bottom would make great evening wear. To make it white tie look into shinier shoes but you would pass muster. The top is smart day wear.

The reason, The top is smart day wear because 1, Your Jacket and waistcoat are tweed. 2, You jacket and waistcoat are different shades which is fine for day but no good for evening. 3, You are wearing a tie.

To make the top suit the bottom you would need a black barathea argyl and waistcoat or a PC to bring it to the more formal level. You could get away with the tie but I would be swapping it out for a bow tie in the evening.

The bottom everyone else has covered very effectively. It is very formal and wouldnt suit day wear so you probably should dress it down to match the jacket you have.

Ultimately the bottom looks great and the top looks great but they are different levels and dont match. Much like wearing patent pumps and black tie trews with a necktie and normal suit jacket. Nice hose though. It has made me more interested in trying to pick up a pair. Look forward to seeing where you go with this.