Slightly hard to believe that anybody would hammer an over-sized post into a £500 frame. It looks as though it's well into the seat tube too, which makes it if anything more difficult to believe.
But if it is well into the tube, it means that the usual 'ultimate solution' of cutting it and then sawing it along its length would be all the more difficult. I've always wanted to try something that even Saint Sheldon doesn't mention - drill a hole horizontally though the post and insert a long bar for maximum turning leverage. Unfortunately, I've never needed to. Has anybody tried that?
PS wouldn't ammonia destroy the paint?