Towards the end of my contribution I pointed out that the BLF's overheads are about 9.1 per cent., which makes it the leanest of all the lottery distributors. The hon. Gentleman cannot get around the fact that even if the Government or the banking industry were to do the distribution, there would be overhead costs. The evidence suggests that the BLF is the leanest distributor and, therefore, perhaps the most efficient and the best for carrying out this purpose.
Dormant Bank and Building Society Accounts Bill [Lords]
Proceeding contribution from
Tom Levitt
(Labour)
in the House of Commons on Monday, 6 October 2008.
It occurred during Debate on bills on Dormant Bank and Building Society Accounts Bill [Lords].
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480 c81 Session
2007-08Chamber / Committee
House of Commons chamberSubjects
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