Chancellor George Osborne has appropriated Libyan leader Muammar Gaddafi's cash pile in order to reverse the UK Government's proposed spending cuts.
In a move calculated to win all party support, the Country's spending revisions have been scrapped and income tax is believed likely to fall to zero.
While Gaddafi thought the UK was a safe haven for more than 200 billion pounds of stashed cash, the Libyan's nest egg has been commandeered and diverted to the Treasury along with the printing plates for the Libyan dinar.
The machines which have been churning out pounds sterling for the last few years have been switched over to dinar's and SAS forces are dropping sack loads over the British Isles from RAF Hercules aircraft.
British Parliament is in cheery mood, with street parties and festivities planned throughout the UK as the dinars, worth 50 pence each, are being scooped up off the streets.
George Osborne told "The Spoof", "We are delighted to come to the aid of the Libyan opposition in this most direct and helpful way".