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Fixed-rate low-interest government backed loan up to £20,000 for every UK adult

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

Relevant Departments

Tagged with

Brexit ~ Brexiteer ~ Brexiteers ~ Covid ~ Covid-19 ~ Economy ~ Government ~ UK ~ US

Petition Action

Fixed-rate low-interest government backed loan up to £20,000 for every UK adult

Petition Details

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.

Additional Information

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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