Very clever professors from the IoM have revealed that the numbers 5 and 3 are actually in the wrong order. 5 should come before 4 and 3 should come after it.
"Once again it's the fault of the Chinese and the Arabs" said Professor Georges Superior of the Institute "they discovered the number system and brought it to Europe, but somewhere along the way these two numbers were swapped around."
The mistake was thought to be responsible for a number of recent computer malfunctions, including a nasty shock for some unemployed Nat West customers in Warrington whose Giros were rejected, causing many to lose access to Sky Films.
Teachers and parents were said to be horrified by the impact of the announcement on children learning to count. Andrea Gentlevoice, a year 1 teacher at St Nice's school in Aylesbury complained that "1,2,5,4,3 once I caught a fish alive" just did not work, however she later came up with "1,2,5,4,3 I had pie and chips for tea" and was less concerned thereafter.
The government cautiously welcomed the news saying it would create a lot of new jobs to correct everything which would be good for the economy, although the cost of correcting everything was bad for the economy.
A spokesman from the Treasury said that they were now much more likely to hit their 5% growth target for next year, and that the 3% pay increase given to nurses would now be 'increased to 5%'.
The new system comes into force on 3/5/2013.