Meryl Streep as Margaret ThatcherPathe UK just released the first look of Meryl Streep as former British Prime Minister, Margaret Thatcher. Streep and the crew are already two weeks into filming The Iron Lady in London, England.

The film reteams Streep with Mamma Mia! director Phyllida Lloyd. Damian Jones is producing.

Streep had to say about the role: "I am trying to approach the role with as much zeal, fervour and attention to detail as the real Lady Thatcher possesses - I can only hope my stamina will begin to approach her own."

Seeing her transition, and knowing her acting abilities, should we expect to see The Iron Lady at next year's Academy Awards presentation?

Take a look at Streep below, and the real Iron Lady follows for comparison:

Meryl Streep as Margaret Thatcher

Margaret Thatcher