LLOYDS TSB chief executive Eric Daniels was last night urged not to speak until he had swallowed all the cake in his mouth.
Staff at the bank's London headquarters were sprayed with bits of sponge and icing during Daniel's cake frenzy, while one senior executive was hit in the eye with a Cadbury's chocolate button.
A Lloyds spokesman said: "The chancellor sent round a whole load of cakes last week with a note saying we were not allowed to eat them without his permission."Oh, they were lovely cakes. There were chocolate ones and jam ones and a great big cheese cake in the shape of a hospital."
"Eric promised not to touch them, but there was a wicked glint in his eye and you could tell he was already salivating."
The spokesman added: "He did manage to restrain himself for about 48 hours, but sure enough the cleaner came in on Monday morning to find him rolling around half naked with his face covered in chocolate cream. He is a bastard for cake."
In a recorded message to staff, Daniels insisted everyone would get some 'lovely cake', adding: "Mmmph, bmmmph, fmmph, mmmmph, nmmmph."