14 September 2007

Friday

2007-09-14

Events

 * A bank run begins at branches of Northern Rock, as financial markets forced it to approach the Bank of England for assistance. Queues begin to form outside a number of branches with hundreds of worried savers seeking to withdraw their money while website collapses under the strain and all its phone lines are jammed. The event is generally believed to have been the beginning of the financial crisis in the UK.