A new statue in Waterloo Place, central London, features a Banksy-style figure of a suited man strides toward the edge, with a flag obscuring his face and Banksy’s signature on the base.

Banksy’s work is noted for public-space display and sharp social commentary, with Reuters reporting evidence suggesting Robin Gunningham as the artist after an investigation.

Historically, Banksy’s pieces command public attention and high auction interest, as seen with Girl With A Balloon selling for over £1 million and later shredding itself, and Love is in the Bin fetching a higher price after the act.

By midday, about a hundred people had already gathered to view the installation.

The placement in a historically symbolic area amplifies public and media discussion about art, provocation, and urban space.

Crowds and imagery circulated on social media, prompting barriers to be erected by local authorities by afternoon.

The location is just off central London, boosting visibility and allowing for immediate public interpretation.

Daylight observations included disapproval from some locals toward the artwork.

Westminster City Council welcomed the piece, ensuring it remains accessible while protective measures are put in place.

City and mayoral offices framed the work as a notable addition to London’s public art scene, expressing hope it will be preserved.

Officials emphasized protection of the statue while keeping it open to the public.

Banksy’s street art is frequently targeted by thieves and vandals, highlighting the broader challenges around his work.