Submitted on Tuesday 7th April 2020
Rejected on Tuesday 5th May 2020
Current status: Rejected
Rejection code: no-action (see below for details)
Banks failing to support the government Covid Business Interruption Loan Scheme
This petition is to gather support so the government recognise the reckless manner the banks are operating which is impacting thousands of SMEs by not implementing the government backed Covid-19 Business Interruption Loan Scheme.
The tax payers bailed out the banks in 2008. The financial, emotional and physical impact of this was felt by the taxpayers for over a decade.
The Government has asked the banks to help SMEs by providing government backed loans under the Covid-19 Business Interruption Loan Scheme. Now its down to the banks to implement.
Even with the government backed promise to banks, the high street banks are not lending to SMEs. .
SMEs need access to these loans as quickly as possible
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:
Petitions need to call on the Government or Parliament to take a specific action.
We're not sure exactly what you'd like the Government or Parliament to do, as this would be a matter for banks, or potentially the Financial Conduct Authority or other regulators.
You could start a new petition explaining clearly what you would like the Government or Parliament to do, such as changing the rules of the scheme, if that's what you'd like to see happen.
3.21.93.20 Sat, 28 Sep 2024 22:59:05 +0100
