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Banksy paints new mural in North London

Rumours about Banksy's authorship quickly arose after the mural appeared on Sunday

Banksy has officially claimed ownership of a tree mural that appeared in North London on Sunday.

The now-confirmed Banksy artwork creates the visual of a tree with foliage, using a cut-back tree in the foreground and a green spray-painted wall behind.

The mural, which is on Hornsey Road in Finsbury, according to a report by the BBC, was shared to the street artist's official Instagram today (Monday, 18).

The BBC reported that crowds began to gather around as speculation arose that the mural could work for the elusive Banksy.

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Residents shared mixed feelings about the arrival artwork via social media. While some revealed they were "proud" to be chosen, others voiced concern about "skyrocketing" rent prices.

Known for controversial and political messaging, many have begun to contemplate the meaning behind Banksy's latest piece.

According to The Guardian, residents pointed to the shade of green representing the Borough of Islington and St Patrick's Day, whilst Banksy expert James Peak reportedly told the BBC “The message is clear: Nature’s struggling and it is up to us to help it grow back".

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MP for Islington North, Jeremy Corbyn shared a photo of the mural on Twitter with a caption reading: "Banksy has come to Islington! What wonderful artwork, proving there is hope for our natural world everywhere".

Last summer, the legendary graffiti artist announced his first solo exhibition in 14 years would be heading to Glasgow, tracing Banksy's career from 1998 till present.

The exhibition drew record crowds, according to the Museum Association with "hundreds of people waiting for walk-up tickets".

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Later that year, a 20-year-old interview revealing the artist's name was broadcast to the BBC.

In the 2003 recording, a BBC reporter asks if Banksy’s real name is “Robert Banks”, to which the artist replies “It’s Robbie”.

With the exponential popularity and monetary value of Banksy's art today, confirmed works have sometimes lasted less than an hour before being stolen.

James Peak reportedly theorises this emerging issue has been "solved" with his most recent work which involves both a tree and a wall.

Belle Richardson is Mixmag's Digital Intern, follow her on Twitter