Locals stage Banksy protest

Locals in Harringay have been protesting against the sale of a Banksy which was taken from the wall of Poundland in Wood Green.

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Not a Banksy, but it gets the artist's rare seal of approval

At first glimpse you could be forgiven for thinking that artist Banksy had struck again on the streets of London. A distinctive image of a man in a bowler hat, holding a green tea cup, has appeared next to a phone box in Shepherd's Bush.

But Banksy has played down speculation that he's behind the work of art on Wells Road. In a brief and rare statement on Twitter he said: "Not by banksy, but I like it."

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Artwork to be auctioned

The artwork is now to be auctioned by the Sincura Group - the same company which arranged the sale of Banksy's "Slave Labour" in May.

The Sincura Group claims the street graffiti has been "salvaged for renovation" and is now under their management. A statement on its website reads:

"A number of attempts have been made over the past to deface the piece...

"With extensive building works taking place in the local vicinity, and further concerns upon its safety, the piece has been removed to be sensitively restored to its former glory."

It added that it intends to sell the artwork, created by street artist Banksy in 2009, next year and in the meantime it has been "gifted" to a local charity.

Second Banksy removed from wall in north London

Residents in Tottenham are furious after another piece of their heritage was taken away from them.

The work by Banksy - called 'No Ball Games' - was spared onto a wall four years ago. It's believed the same group responsible for auctioning another piece are behind the removal.

'Slave Labour' was removed from a wall in Wood Green last February and sold for around £750,000.

Watch the video of the art being moved from Tottenham, below.

Banksy auction

Love is in the air
Love is in the air Credit: Bonhams

An iconic spray paint work by the graffiti artist Banksy will be offered at Bonhams sale today where it is expected to fetch as much as £100,000.

Love is in the Air is one of the artist's most famous motifs.

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Banksy mural withdrawn from sale

A Banksy mural at the centre of a controversial auction was withdrawn from sale at the 11th hour.

Slave Labour, which shows a young boy hunched over a sewing machine making Union Jack bunting, appeared on a wall in Wood Green, north London, last May, just before the Diamond Jubilee celebrations.

It disappeared from the side of the Poundland store last weekend and was due to be auctioned thousands of miles away in Miami last night, where it was expected to sell for up to £450,000.

But a spokesman for auction house Fine Art Auctions Miami (FAAM) confirmed that Slave Labour and Wet Dog, a second Banksy painting listed, had been withdrawn from sale. No reason was given.

"It's a true credit to the community that their campaigning appears to have helped to stop the sale of this artwork from going ahead.

We will continue to explore all options to bring back Banksy to the community where it belongs."

– Claire Kober, Leader of Haringey Council
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