Dormant Bank and Building Society Accounts Bill [HL]

I am extremely depressed by the Minister’s response because it implied to me that the likelihood of a social investment bank being established under the Bill is relatively remote. He raised two problems, one of which was that there might not be enough money—therefore completely reversing the priority which the noble Lord, Lord Hamilton, is seeking to place in the Bill—and that the Government have not yet resolved a number of technical issues around the establishment of a social investment bank. He implied within that, perhaps, that this would mean that they could not do it. Given that the Commission on Unclaimed Assets produced a very good report in March which explained, I thought, how they could do it, I am confused as to whether the Government’s view is that major technical obstacles still remain in the way of establishing a social investment bank.