Submitted on Sunday 15th March 2020
Rejected on Thursday 26th March 2020
Current status: Rejected
Rejection code: no-action (see below for details)
Not bailout industry players due to coronavirus.
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
This state is not a cash machine for big business to dip into when they have not put aside sufficient cash reserves.
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:
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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