Jihadists are reportedly planning to murder the Queen of Great Britain in a plot hatched to take place during a public appearance to commemorate the end of the Second World War.

The British security services are apparently aware of the plot, which is being directed remotely from the Islamic State itself, but have so far failed to foil it, according to claims printed in the Daily Mail. The Security Service (MI5) is now in a “race against time” to apprehend the plotters in Britain before they are able to detonate a device in central London this coming Saturday.

The proposed device is understood to be a pressure cooker bomb, of the same kind used to bomb the Boston Marathon in 2013. Those expected to be present at the commemorations on Saturday include Her Majesty the Queen, the Prince of Wales and other members of the Royal family, some 1,000 invited veterans, members of the government, and the public.

The Mail reports the Queen is determined to attend the event to ‘honour the fallen’, and the Metropolitan Police has urged the public to defy the warnings and go to the event anyway, reports The Independent. A police spokesman said:

“While the UK threat level from international terrorism remains severe, we would like to reassure the public that we constantly review security plans for public events, taking into account specific intelligence and the wider threat.

“Our priority is the safety and security for all those attending or involved. The public are encouraged to continue with their plans to attend or take part in events as normal.”

The police, not Buckingham Palace, have given any indication as to whether they treat the Mail’s claims as credible.

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