Mervyn King, Baron King of Lothbury in 1990 as a non-executive director, and became the chief economist in 1991. In 1998, he became a deputy governor of the bank and a member of the Group of Thirty. King was appointed as Governor of the Bank of England in 2003, succeeding Edward George. Most notably, he oversaw the bank during the financial crisis of 2007–2008 and the Great Recession. King retired from his office as governor in June 2013, and was succeeded by Mark Carney. He was appointed a life peer and entered the House of Lords as a crossbencher in July 2013. Since September 2014 he
The Old Bank of England The Old Bank of England The Old Bank of England is a public house at 194 Fleet Street, where the City of London meets the City of Westminster. It was constructed on a corner site in 1886 by Sir Arthur Blomfield in a grand Italianate style, the interior having three large chandeliers with a detailed plaster ceiling. It is a Grade II listed building. The Bank of England occupied the building from 1888 to 1975 before it was refurbished and put to its current use in 1994. The vaults beneath the pub once contained gold bullion, and are said to