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Save the co operative bank

Submitted on Tuesday 5th November 2013

Rejected on Wednesday 21st June 2017

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Save the co operative bank

Additional Information

The Co-operative bank is about to be swallowed up by two giant US financial speculators after it got into financial difficulty.

This deal is moving fast -- only this week the Co-op announced that it’s laying off workers and closing down branches, as part of the rescue deal. Soon US hedge funds and private investors will own up to 70% of the Co-op Bank and force it on the stock market. This will end over 140 years of independence.

The government could step in and bail them out, just like they did for the RBS and Lloyds. If there is enough money to save giant banks then surely there is enough to save the Co-op.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

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