Dormant Bank and Building Society Accounts Bill [HL]

The noble Lord will give due regard to the foresightedness of drafters of manifestos, who are unparalleled in their ability to open up opportunities for the future. The manifesto of course expresses a framework that gives opportunities for the most extensive of schemes. Governments, however, have to deal with the practicalities of that which can be achieved. I know that the noble Lord has not the slightest hesitation about wandering off into the wilds of flights of fancy in this respect, but we can get through—both in terms of Parliament and this Bill and the practicalities of the relationship with the industry—only that which we are able to negotiate. That is why we are concentrating on the savings accounts and deposit accounts in banks and building societies.