Submitted on Monday 7th January 2013
Rejected on Wednesday 21st June 2017
Current status: Rejected
Rejection code: duplicate (see below for details)
goverment directly giving money to business
A huge problem in our economy at the moment is that banks arent lending to business because they are to worried about making mistakes and losing money. The goverment is trying to encourage banks to lend and is devoting a lot of money to it, but it is having little to no effect. If the goverment was to give loans directly to business at low interest rates this would give business more money to invest increasing demand in the economy. It will also mean that there would be increased competiotion to banks and this means that they will need to lower interest rates and it lend more to make money further increasing investment
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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.
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18.223.125.236 Fri, 22 Nov 2024 04:39:05 +0000
