But, at worst, Google Instant did accomplish one thing: It represented the first obvious innovation that Google has rolled out before Microsoft since Microsoft embarrassed Google with real-time Twitter search and other search innovations that appeared to catch Google asleep at the switch.

FORBES: Microsoft Bing Exec On "Google Instant," Says Bing Results Still Way Better

The most recent report, from the Independent Commission on Banking (ICB), recommended last year that people and businesses wanting to change banks should be able to switch accounts within seven days and provide a safety net to catch any stray direct debits or standing orders for a year after any account was switched.

BBC: OFT warns banks to change or face competition probe