I do not have the figures immediately to hand, but they certainly are significant. The hon. Member for Cheltenham made the point that although a significant number of building societies will be excluded under the £7 billion figure, some of the big building societies will participate in the reclaim fund, and we think it is right and proper that they should do so.
Dormant Bank and Building Society Accounts Bill [Lords]
Proceeding contribution from
Ian Pearson
(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 c102 Session
2007-08Chamber / Committee
House of Commons chamberSubjects
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