Submitted on Sunday 2nd August 2020
Rejected on Wednesday 23rd September 2020
Current status: Rejected
Rejection code: irrelevant (see below for details)
Hold on PCVs being repossessed & finance interest paid by the BBB for 8 months
Place a moratorium on finance companies repossessing coaches and enforcing personal guarantees until the 2021 season starts at Easter. Protect the finance companies in turn by the British Business Bank covering the interest.
There are many small operators whose business has been destroyed by Covid-19 and whose owners have had to issue personal guarantees and will lose their homes without this law being applied. The proposal is cheaper than merely pumping £65m a month into the coach industry and also protects the finance companies.
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:
The Government is not responsible for the enforcement of debts against particular sectors. This is a matter for individual creditors.
We have published the following petition, which you might like to sign:
A government cash bailout for the coach industry before it's too late: petition.parliament.uk/petitions/332280
18.218.119.28 Sat, 16 Nov 2024 04:30:49 +0000
