Penny King was the wife of local businessman Preston King, who often did business with factory owner Mike Baldwin. When Preston died Penny became close to Mike and a relationship ensued, but Mike's Alzheimer's crept in and Mike kicked her out of his flat. During her time on the Street, Fred Elliott took a shine to her and proposed to her but she turned him down. Penny's final appearance was at Mike's funeral. Jamie Baldwin worked for her clothing company King's Robes up until late December 2006.