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Restrict Government support for Covid-19 to dividend-paying companies

Submitted by Daniel allen on Thursday 19th March 2020

Published on Friday 17th April 2020

Current status: Closed

Closed: Saturday 17th October 2020

Signatures: 45

Relevant Departments

Tagged with

Covid ~ Covid-19 ~ Economy ~ Money ~ paying ~ Tax

Petition Action

Restrict Government support for Covid-19 to dividend-paying companies

Petition Details

No government grants, bailouts or loans should be paid to companies that are still paying shareholder dividends during the current Covid-19 crisis. Any tax-payer funded financial assistance should be paid back in full by recipients before they can resume paying dividends to their shareholders.

Additional Information

I believe a lot of companies and other organisations will require financial assistance during the current covid-19 crisis to prevent the decimation of the economy going forward but it would be wrong for them to take this money and use it to pay dividends to shareholders when we are supposed to be pulling together as a nation and so many people are finding themselves in financially precarious positions.

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