Bank Resolution (Recapitalisation) Bill [HL] 2024-25
The Bank of England has tools to manage the failure of banks. This bill would introduce a new tool to manage the failure of smaller banks.
This note explains current moves to provide a mechanism for using unclaimed financial assets for charitable purposes, outlines the scale of the issue and provides advice on how constituents can check to see if they can reclaim any 'lost' assets. A more complete account of the issue can be found in Library Research Paper 08/73 which was produced for the passage of the Dormant Bank and Building Society Accounts Bill, in 2008.
Unclaimed financial assets / dormant accounts (351 KB , PDF)
This note explains current moves to provide a mechanism for using unclaimed financial assets for charitable purposes, outlines the scale of the issue and provides advice on how constituents can check to see if they can reclaim any ‘lost’ assets. A more complete account of the issue can be found in Library Research Paper 08/73 which was produced for the passage of the Dormant Bank and Building Society Accounts Bill, in 2008.
Unclaimed financial assets / dormant accounts (351 KB , PDF)
The Bank of England has tools to manage the failure of banks. This bill would introduce a new tool to manage the failure of smaller banks.
Countries that are considered to be supporting Russia's invasion of Ukraine have increasingly faced US, EU and UK sanctions.
This briefing provides statistics and forecasts for household debt, guidance on how to interpret debt statistics and analysis on how debt effects the economy.