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
Mervyn Day Mervyn Day Mervyn Day (born 26 June 1955 in Chelmsford, Essex) is a former professional footballer who played in the Football League as a goalkeeper for West Ham United, Leyton Orient, Aston Villa, Leeds United, Luton Town, Sheffield United and Carlisle United. He later managed Carlisle United. He was formerly chief scout at Leeds United. He was educated at Kings Road Primary School, attended also by another famous West Ham player, Geoff Hurst, and King Edward VI Grammar School, Chelmsford. He represented Essex Schools at all levels and was picked for the England Schools squad six times, though he did