PM Fony Blair has called an emergency meeting of the Cabinet for later today to discuss what to do about the disastrous launch of the new £20 note.
A mix-up of gargantuan proportions has taken place at the Royal Mint with regard to the images it contains. The note should have depicted famous Scottish political economist, philosopher and drinker Adam Smith on one side of it, and Herr Majesty the Queen on the other.
Instead of Adam Smith though, the Mint used a picture of Sinn Fein President, Gerry Adams, who looks nothing like a normal person.
The biggest bloomer, however, is on the front of the note where, instead of the Queen (Elizabeth Windsor), there appears the grinning mug of the Lady of the Queen Vic, Barbara Windsor, who plays Peggy Mitchell in the miserable soap, EastEnders.
Worse still, is that, rather than some really clever Latin phrase, the immortal words "Gerd oudda mar pub!" have been printed underneath her picture.
Mr Blair faces a real problem as the first two batches of notes (approx £10million) have already been released into the banking system, and will now almost certainly be in the tills of most fruit shops, florists and ironmongers in the East End. Several notes were recovered yesterday, after it was discovered they were on sale on e-Bay for only £15.
The Queen, when told of the mess by Mr Blair, was said to be "not amused", whilst Peggy looked shocked and blurted : "You godda be 'avin a larf!!"
One-time terr*rist Mr Adams, whose voice was represented by that of an actor, said:
"This action by the British Government is a complete misrepresentation of....blahblahblah"
Adam Smith said nothing, having died in 1790.