Dormant Bank and Building Society Accounts Bill [HL]

I also support the amendment moved by my noble friend. It strikes me that competition is very important, and the comparison between one bank or building society and another will play a significant role in applying pressure. There has also been some suggestion—I do not know how true the Minister thinks this is—that banks will cut their charitable contributions as they make contributions to the reclaim fund. Of course, that would then show up more clearly as well.