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) Humphry Morice (Governor of the Bank of England) Humphry Morice (c.1671 – 16 November 1731) was a British merchant, MP and Governor of the Bank of England. He inherited his father's trading business around the age of eighteen, and learned finance and speculation from an uncle. Placed in Parliament through a cousin's interest in 1713, his Whig politics ultimately provoked a breach with his Tory cousin, and he had to be given another seat in 1722 by Robert Walpole's administration. He rose to be Deputy Governor and then Governor of the Bank of England in 1727, but unknown to his