Chelsea elephants join his Kew Bridge goat as Banksy reveals second new London artwork in 24 hours

Some have suggested it may have an environmental meaning, while others have suggested the acronym Goat (greatest of all time) could be a reference praising himself.

The wall on which the goat is painted is overlooked by a CCTV camera, suggesting Banksy felt confident that he could create the artwork and maintain his anonymity despite the surveillance.

In July, he created a dinghy filled with dummies in reference to the small boats migrants have used to cross the Channel, with the craft carried by the crowd during a performance by Idles, the Bristol-based band, at Glastonbury.