IMF headmistress, Christine Lagarde, has told UK Chancellor George Osborne that he is not too big for her to place him over her knees and give him a jolly good spanking.
Speaking on Thursday, Lagarde said: "Osborne, you wicked boy! Stop sneering at once! You've been a very naughty chancellor and don't you think we won't find out everything that you've been up to these last three years.
"You can wipe that grubby little smile off your face right now, young man!" she added.
IMF officials arrive in Britain next month and it is strongly suspected that a caning is on the cards for Osborne.
Osborne himself is currently on leave, pulling the legs off spiders in his mother's garden. In response to the impending IMF visit a Treasury spokesman issued a leer.