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Late-2000s financial crisis: The Northern Rock bank received a liquidity support facility from the Bank of England, sparking a bank run—the United Kingdom's first in 150 years.

Historical image related to Late-2000s financial crisis: The Northern Rock bank received a liquidity support facility from the Bank of England, sparking a bank run—the United Kingdom's first in 150 years. from September 14, 2007

2008 financial crisis

Worldwide economic crisis

The 2008 financial crisis, also known as the global financial crisis (GFC) or the Panic of 2008, was a major worldwide financial crisis centered in the United States. The causes included excessive speculation on property values by both homeowners and financial institutions,…
Source: Wikipedia (CC BY-SA)

Northern Rock

British bank, 1850 to 2012

Northern Rock, formerly the Northern Rock Building Society, was a British bank. Based at Regent Centre in Newcastle upon Tyne, United Kingdom, Northern Rock was originally a building society. It demutualised and became Northern Rock bank in 1997, when it floated on the London…
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Discount window

Mechanism for central bank lending to eligible depository institutions

The discount window is an instrument of monetary policy that allows eligible institutions to borrow money from the central bank, usually on a short-term basis, to meet temporary shortages of liquidity caused by internal or external disruptions.
Source: Wikipedia (CC BY-SA)

Bank of England

Central bank of the United Kingdom

The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker and debt manager, and still one of the bankers for the government of the United Kingdom,…
Source: Wikipedia (CC BY-SA)

Bank run

Mass withdrawal of money from banks

A bank run or run on the bank occurs when many clients withdraw their money from a bank, because they believe the bank may fail in the near future. In other words, it is when, in a fractional-reserve banking system, numerous customers withdraw cash from deposit accounts with a…
Source: Wikipedia (CC BY-SA)