The Chancellor George Osborne stuns the city with the appointment of Mark Carney the Canadian central banker who will replace Sir Mervyn King as the next Governor of the Bank of England.
Carney had previously had previously ruled himself out of the job but his old employees Goldi Sucks persuaded him to reconsider.
Mr Carney will serve a five year fixed term rather than the normal eight years.
A spokesperson for Goldi Sucks stated they were delighted with the appointment and expected Carney to relieve the British economy of all its wealth within the allotted period.
Goldi Sacks added they had offered Mr. Carney generious incentives to take on the job of Governor of the Bank of England.
They further added they expect to play a meaningful and significant role in advising the UK on its future bailout terms. The signal for this will be a ratings agency downgrade of the UK economy.
The immediate outlook for the UK is Greek style austerity for the general population but the good news is the 1% will get richer