Everybody raise the roof! Meryl Streep is in talks to play former British Prime Minister Margaret Thatcher. What what! The brilliant actress who has the Academy Awards on lockdown would reteam with her Mamma Mia! director Phyllida Lloyd for Iron Lady. THR, would you be so kind as to inform us of the details whilst I finish my biscuit?

The film is set in 1982 and tracks Thatcher as she tries to save her career in the 17 days preceding the 1982 Falklands War. The 2 1/2-month war was a turning point for the prime minister, who, after the victory, saw her approval ratings double and went on to win a second term.

The prose and the biscuit were absolutely scrumptious. Jim Broadbent is also in talks to play Thatcher's husband, Denis. If the deal for Streep goes through without any fuss, it will be the highest-profile character she's portrayed yet. Forget the cold showers of Silkwood and butter-soaked dishes of Julie & Julia. Meryl will have to go head-to-head with Parliament, and I can attest that things get rather unpolite in there. British unpolite, not American unpolite. So basically everyone is very polite.