As part of the fight against the economic consequences of the Coronavirus is the UK government taking money from British bank accounts.
The money is coming from dormant accounts. This are accounts were inactive for a period of 15 years.
The UK government will forward the money to charities who are dealing with the economic consequences of the corona outbreak.
In total are we talking about 150 million British Pound?
It is not going to end the consequences for the society of the Corona outbreak.
The question is if the government is also going to use bail-ins to stimulate. Would they also take the money from active accounts? For example a certain percentage of accounts with over 100,000 GBP. As happened during the banking crises in Cyprus.