Submitted on Thursday 2nd February 2017
Rejected on Wednesday 8th February 2017
Current status: Rejected
Rejection code: irrelevant (see below for details)
Raise the Interest Rate as Inflation is getting higher
The Brexit Vote has already raised inflation in the UK and it's best to raise the Interest Rate for the Inflation to go down. Inflation is causing prices to go up and if not dealt with, prices will go up fast.
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
The Government e-Petitions Team gave the following reason:
Decisions about the interest rate are made by the Monetary Policy Committee of the Bank of England, which is independent of the Government and Parliament. You can find out more here:
http://www.bankofengland.co.uk/monetarypolicy/Pages/overview.aspx
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