Dormant Bank and Building Society Accounts Bill [Lords]

Part of Orders of the Day – in the House of Commons at 7:04 pm on 6 October 2008.

Alert me about debates like this

Photo of Tom Levitt Tom Levitt Labour, High Peak 7:04, 6 October 2008

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.