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Ensure that all financial bailouts to corporations come with public interest.

Submitted on Tuesday 21st April 2020

Rejected on Friday 3rd July 2020

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Ensure that all financial bailouts to corporations come with public interest.

Petition Details

All financial assistance given to corporations and large companies, to help with the fallout of covid-19, should include a public interest clause and a cap on all dividend payments and bonuses. Also make sure no public money goes to any company registered overseas for tax purposes.

Additional Information

After the 2008 financialsal crash banks and corporations used public funds whilst still paying massive bonuses and dividends to directors. The government needs to make sure this isn’t possible for any company receiving public money, and that the public money is used to buy shares.

The government should not use public funds to give assistance to companies that do not pay U.K taxes.


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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 some of these petitions:

Ban or limit bailouts for big businesses: petition.parliament.uk/petitions/303614

Restrict Government support for Covid-19 to dividend-paying companies: petition.parliament.uk/petitions/306053

Provide COVID19 financial assistance only to companies paying UK corporation tax: petition.parliament.uk/petitions/305203

Ban all that engage in tax avoidance and evasion from receiving Corona relief: petition.parliament.uk/petitions/318335

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/

The Government has also created an online service to help you find out what you can do if you’re struggling because of coronavirus: www.gov.uk/find-coronavirus-support

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

You can read impartial analysis of the Government response to coronavirus and policy developments here: commonslibrary.parliament.uk/coronavirus/

You may also be interested to know that because of the large number of petitions that have been started in relation to coronavirus, the Petitions Committee has been questioning the Government about its response to the coronavirus outbreak.

Find out more: committees.parliament.uk/work/192/the-governments-response-to-coronavirus/

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