 "Lehman Brothers")
Ten years ago, fretting depositors formed lengthy queues in front of Northern Rock bank branches across the UK after news broke that it needed support from the Bank of England. The country’s fifth-largest mortgage lender, it was in real danger of running out of cash. People were anxious to withdraw their money. They all managed to do so. But not without the intervention of the Bank of England, the UK’s central bank and lender of last resort, which provided emergency funding.
It was the moment the financial crisis first became real to many. Deep-rooted issues
