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Make future financial sector bailouts subject to a referendum

Submitted on Saturday 13th August 2011

Published on Monday 22nd August 2011

Current status: Closed

Closed: Wednesday 22nd August 2012

Signatures: 2

Tagged with

Referendum ~ UK

Petition Action

Make future financial sector bailouts subject to a referendum

Additional Information

In April 2011, Iceland held a referendum, and 59% of voters rejected plans to subsidise their failed banks.


In the event of another financial crisis that results in too big to fail banks requiring a cash injection from the UK's taxpayers, then this must be put to a referendum before a penny is spent on their rescue.


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