Submitted by Paul David Martin on Friday 27th March 2020
Published on Monday 18th May 2020
Current status: Closed
Closed: Wednesday 18th November 2020
Signatures: 40
Fixed-rate low-interest government backed loan up to £20,000 for every UK adult
A simple and widespread solution to the economic crisis caused by Covid-19
This would be not dependant on credit score, housing situation or employment status – as long as the applicant can satisfy that they have an income to repay the debt.
Following years of austerity, the destabilising effect of Brexit and the current Covid-19 crisis affecting us all the economy is deteriorating from its previous already stagnant status. The people are suffering, across all backgrounds.
In these unprecedented times an economic reset is required and therefore I put forward this suggestion to ensure our economy can quickly recover and grow after the current crisis abates.
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