In 2007,the British government bailed out the Northern Rock bank following a bank run,a situation in which

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A bank run occurs when many depositors simultaneously try to withdraw their money from a bank, usually due to fear that the bank may become insolvent or unable to meet its obligations. This was the case with Northern Rock bank in 2007, which saw a surge of depositors wanting to withdraw their savings, leading to a liquidity crisis. The British government stepped in to bail out the bank, in order to prevent a wider financial panic.

In 2007,the British Government Bailed Out the Northern Rock Bank