After months of speculation the identity of the next governor of the Bank of England has been revealed as Olly Murs.
George Osborne stunned the city by announcing that Olly Murs, the runner-up in the sixth series of The X Factor in 2009, will replace Sir Mervyn King as the next Governor of the Bank of England. It will make Mr Murs the first X Factor finalist governor in the bank's 318-year history.
Mr Murs told a press conference in London following the announcement that he was relishing the challenge and that it was an honour to be appointed. "And when you hold me like this that's when my heart skips, skips a beat Oh oh oh oh oh oh oh" He said.
Considered to be more 'hawkish' than Sir Mervyn Mr Murs, 28, is the youngest head of a central bank of any G8 country. He attended Howbridge Junior School in Witham and Notley High School in Braintree, Essex where he was a striker in the school's football team. He also appeared on the game show Deal or No Deal in 2007, where he won £10.