Northern Rock: Solutions and Problems

Martin Weale

National Institute Economic Review, 2007, vol. 202, 4-8

Abstract: September brought the United Kingdom its first mass market bank run. Although there had been bank runs in the nineteenth century, with the last in 1866, very few people then had bank accounts so the runs were not in any sense comparable with what happened to Northern Rock, which showed a failure of mass retail banking.

Date: 2007
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