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Covid-19: Bailout people, not irresponsible corporations.

Submitted on Monday 23rd March 2020

Rejected on Thursday 9th April 2020

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Covid-19: Bailout people, not irresponsible corporations.

Petition Details

With monetary policy in the United Kingdom lacking in scope, an unprecedented fiscal response to Covid-19 is required, but this money needs to go to the hardworking people and families in the UK who have lost their jobs through no fault of their own, not to CEOs who took on too much debt.

Additional Information

No one could expect CEOs to have foreseen the outbreak of a pandemic, but they should understand that we operate on an economic cycle made of busts as well as booms. These companies take all the profits on the upside then sheepishly look to government to step in, with society bearing the cost, in the case of downturns for which they should have prepared.

The government should choose very carefully which companies it bails out, prioritising livelihoods over corporate affiliations.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

You may wish to sign this petition calling for the same action: petition.parliament.uk/petitions/303614

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

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

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