The Bank Of England governor Mervyn King today announced a massive U-turn as he confirmed that the independent bank would pump £10 billion into London Pubs to ease fears in the city.
The £10 billion has been put behind the bars of 1000 London pubs in an attempt to relieve tensions in the city and increase the banks likelihood of lending to each other because they are all pissed. This is also likely to lead to drunken bankers revealing the extent to which they are exposed to the bad debts from the US sub prime mortgage crisis.
In an attempt to calm the storm he also repeatedly referred to this as the 'Pub Prime Solution'. Breweries all over the South East are now rushing supplies to the square mile in expectation of a massive rise in consumption.
