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Don't give banks any more taxpayers money

Submitted on Friday 5th August 2011

Published on Monday 15th August 2011

Current status: Closed

Closed: Tuesday 15th November 2011

Signatures: 5

Tagged with

Money ~ Tax

Petition Action

Don't give banks any more taxpayers money

Additional Information

If a bank fails then let it fail. The government should not intervene to save banks with tax payers money as they have shown that they will not lend to businesses but use the cash to shore up their own companies. Checks are already in place to reimburse savers up to £50000 for deposits in any one bank. This is considerably cheaper than trying to save a failing financial entity which only has self interest at heart.


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