The Labour Government decided to court controversy by deciding to scrap the indefinitely delayed Euro Referendum and make the decision on whether Britain joins the single European currency by tossing a coin.

Iain Duncan-Smith said he was largely in favour of Labour’s decision, claiming his choice of tails “never failed”

However the proceedings collapsed when Tony Blair produced a Euro with which to do the toss.

Iain Duncan Smith immediately stood up and voiced his objection that the fate of Britain’s traditional currency rested on the tossing of a “scummy foreign coin”

Mr Blair insisted that that his political advisers had researched into the best, and fairest, coin for tossing and they had unanimously decided that the Euro coin he was holding was the best coin for the job.

Mr Duncan Smith disagreed, whilst Liberal Democrat leader Charles Kennedy stated he could see both sides of the argument.

Tony Blair then agreed to postpone the tossing of the coin, saying he would hold a national referendum on which coin should be used in the final coin tossing.

No dates were given for when this might take place, but experts believe it will probably take place after the next General Election.