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
Bank of England Museum Bank of England Museum The Bank of England Museum is located within the Bank of England in the City of London. Its entrance is in Bartholomew Lane, off Threadneedle Street, close to Bank junction and Bank tube station. The museum is open to the general public, free of charge, on weekdays (excluding bank holidays) and on the day of the Lord Mayor's Show. Previously, access to the bank's collections had been by appointment only and visitors were escorted through the bank to a small display area. In the 1980s the Bank of England decided that it would like to make