New 'Banksy' Artwork a comment on forthcoming Diamond Jubilee celebrations?

An artwork in the style of the famous street artist Banksy has appeared on the side of a Poundland store near Turnpike Lane.

Called Jubilee Celebration, it shows an asian boy hunched over a sewing machine making Union Jack bunting in a sweatshop.

Bloggers on art websites are speculating that the work is making a serious comment on child labour in poorer countries.

It's not know whether its location is significant but Poundland were involved in a controversy after it was revealed that a seven-year-old boy worked more than 100 hours in a indian sweatshop to produce goods sold by the company in 2010.

Poundland broke all ties with the supplier after the story came to light.

Commenting today, Poundland said it had a code of conduct for all of its suppliers and a "strong ethical stance on all labour issues."

Bansky is known for making a statement over controversial issues with this street art.

One of his most famous pieces depicts two policemen kissing.