Main content

The Collapse of Northern Rock

Panicked run on bank signals the start of the financial crisis in the UK. Customers queued up to take their money out of Northern Rock - despite support from the Bank of England.

Customers queued for hours to take their savings out, fearing the mortgage lender was about to go under. The Bank of England had to step in to support it. It was the first sign in Britain of the coming global financial crisis.

Photo: Northern Rock customers queuing outside the Kingston branch, in order to take their money out on September 17th 2007. Credit: Peter Macdiarmid/Getty Images

Available now

9 minutes

Last on

Tue 12 Sep 2017 07:50GMT
Βι¶ΉΤΌΕΔ World Service except News Internet

More episodes

Previous

Nok Terracottas: Nigeria's Ancient Treasure

Next

The Hippydilly Squat

See all episodes from Witness History

Broadcast

  • Tue 12 Sep 2017 07:50GMT
    Βι¶ΉΤΌΕΔ World Service except News Internet

Featured in...

Podcast