Submitted on Thursday 19th March 2020
Rejected on Thursday 16th April 2020
Current status: Rejected
Rejection code: irrelevant (see below for details)
Use £56 Billion in quantitative easing to give every UK tax payer £2000.
It has been announced that the UK Government will inject £200 Billion in to the economy via quantitive easing.
Please DO NOT just give this money to the banks in the hope that they will ease the burden on businesses by forgiving debt and providing loans.
THEY NEVER DO!
£56 Billion of that would give every UK tax payer a £2000 lump sum each.
This money would keep the wolves from the door and provide a cussion to all those expected to take unpaid leave or work on reduced pay during this crisis.
It would be a buffer for all those who lose their jobs. It would provide a bit of financial security to those who face an uncertain few months.....
It should not end up added to the bank's capital reserve!
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:
The Bank of England is owned by the UK Government, but is independent in how it carries out its responsibilities. Decisions about quantitative easing, and any other action by the Bank of England, is therefore a matter for the Bank, and not the Government or Parliament.
We have published a petition calling on the Government to implement Universal Basic Income to give home & food security through Covid-19, which you might like to sign: petition.parliament.uk/petitions/302284
You could start a new petition calling on the Government to make a one-off payment to all UK residents, to help them with any financial difficulties resulting from the coronavirus outbreak, if that is what you would like to happen.
You can find out more about coronavirus and how you can protect yourself and others here:
www.gov.uk/coronavirus
www.nhs.uk/conditions/coronavirus-covid-19/
You can read NHS tips to help if you are worried about coronavirus here: www.nhs.uk/oneyou/every-mind-matters/coronavirus-covid-19-anxiety-tips
3.135.206.229 Fri, 22 Nov 2024 00:46:48 +0000
