Dormant Bank and Building Society Accounts Bill [Lords]

It is important not to double count in relation to the possible impact on charities in constituencies such as that of the hon. Member for North Southwark and Bermondsey (Simon Hughes). The figures suggest that the biggest 12 banks and building societies currently give more than £300 million a year in their own charitable donations. Does my right hon. Friend have any indication of the possible impact on that level of giving if banks and building societies lose control of and access to their dormant assets?