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
Humphry Morice (Governor of the Bank of England) bell embossed with the words "The Whydah Gally 1716", making it the world's first (and, as of 2014, the only) fully authenticated pirate shipwreck ever discovered. Humphry's cousin Sir Nicholas had succeeded to the Werrington estate baronetcy in 1690, and with it a very strong electoral interest the boroughs of Launceston and Newport. Humphry asked Nicholas to put him into Parliament in 1710, but as all his seats were already promised, Humphry did not enter the House of Commons until 1713, sitting with Nicholas for Newport. Unlike the Tory Nicholas, Humphry leaned towards the Whigs, and voted in 1714 against