It has been announced that the Pope is to resign, as the Afterlife proves it is not exempt from the global recession.
God has called in the administrators and cutbacks are seen as inevitable. It is understood Pope Benedict offered his resignation before he was released from Heaven's payroll.
Further to that online records show that despite the account being in arrears the Papal had resorted to using Paypal.
The Lord has in turn been forced into downsizing as even Jesus Christ's much anticipated second coming has been delayed, due to insufficient funds for travel.
The Pope, the Lord and Jesus are praying for Divine Intervention or a saviour of some sort, though are still scratching their heads.
Pope Benedict Ratzinger is expected to devote much of his time to being Lewis Hamilton's father in law as he looks to take inspiration from his daughters life.