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Not bailout industry players due to coronavirus.

Submitted on Sunday 15th March 2020

Rejected on Thursday 26th March 2020

Current status: Rejected

Rejection code: no-action (see below for details)

Petition Action

Not bailout industry players due to coronavirus.

Petition Details

Should any industry players feel the need for a bailout the answer is NO. Shareholders should fund them. If they are not willing then they go bust. Then and only then does UK plc buy it. If deemed necessary and run it as a state firm until such time as to float 40% and 60% stay state owned

Additional Information

This state is not a cash machine for big business to dip into when they have not put aside sufficient cash reserves.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

We understand that you don't want the Government to bail out businesses that experience financial difficulties as a result of coronavirus, but its not clear exactly what you want the Government to do.

You could start a new petition giving more detail about what you want the Government to do, for example not to make public funds available to businesses that experience financial difficulties as a result of coronavirus, or to review and reduce the support they have already announced will be made available.

You can find out more about coronavirus and how you can protect yourself and others here:

NHS website: www.nhs.uk/conditions/coronavirus-covid-19/

UK Government website: www.gov.uk/coronavirus

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