Mervyn King, Baron King of Lothbury banks", pinpointing the banks' sense of grievance on their finding it "very, very difficult to face up to the failure of their banking model". With King's term as governor ending in 2013, top UK banks have warned that unless a less "hostile" figure is found as a successor, they may feel it necessary to move abroad. On 26 November 2012, Mark Carney was named as King's successor. King had faced accusations of refusing funding to the Northern Rock Bank, precipitating a run on that bank, a situation not seen in the UK since 1914. King later said that it had
Juliet Wheldon Juliet Wheldon Dame Juliet Louise Wheldon DCB, QC (26 March 1950 – 2 September 2013) was a British civil servant, latterly (as of 2009) the legal adviser to Mervyn King, the Governor of the Bank of England. From July 2000 until 2006 she was the first British woman to serve as Treasury Solicitor and Head of the Government Legal Service. In 2008 she was named as one of The Times Law 100. Wheldon attended Sherborne School For Girls and Lady Margaret Hall, Oxford, where she read history, before being called to the Bar by Gray's Inn in 1975. Dame Juliet