IT’S HARD to say whether a picture of a City grandee has ever tickled The Capitalist quite as much as this gem, which shows Bank of England governor Mervyn King taking a ride on a dog sled at the G7 summit last week in the remote Arctic city of Iqaluit in Canada. Our Merv, kitted out warmly in snow bootees, furry hood and heavy-duty oven gloves, looks pleased as punch with his lot, perched happily on the sled like an excited kid at Christmas. Bless.