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savings accoubts over 3 years old

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Jenx | 15:45 Thu 08th Sep 2005 | Business & Finance
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A friend read in the Sunday Post that the Chancellor intended to snatch money in savings accounts that had been inactive for 3 years or more. Is there any truth in this or has she mis-read the article.
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I read an article along these lines, I think the chancellor is desparate to plug the holes in his spending plans and plundering these accounts will help out I'm sure.
The report I read said that the money would be given to charity.

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