Paul the octopus has succeeded Sir Alan Budd as head of the independent Office for Budget Responibility which forecasts growth for the UK economy.
It is believed that he joined them on free transfer from from the ECB, the Frankfurt based team, and will strengthen their midfield predictions.
Paul said he was "delighted to be joining them and looking forward to a good financial year".
What about fears that the budding octo-economist will struggle with the intensity of the job? "Well, I'm used to coping with pressure aren't I?"