Submitted on Thursday 12th November 2020
Rejected on Thursday 10th December 2020
Current status: Rejected
Rejection code: duplicate (see below for details)
Change the bounce back loan turnover from 25% to 50%
I would like the government to change the criteria for the bounce back loan, as I have spoke to a lot of people and they underestimated their annual turnover due to the uncertainty from this pandemic. Business has picked up for a lot of people in the last few months.
However going into a second lock down is going to be very challenging.The second lock down has left a lot of uncertainty for businesses, as the government have stated that there is a potential of the lockdown being extended. This will lead to a lot of small and medium sized businesses will close.
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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.
You are more likely to get action on this issue if you sign and share a single petition.
You might like to sign the following petition:
Raise the maximum turnover percentage offered under Bounce Back Loan top ups
petition.parliament.uk/petitions/558517
18.119.109.232 Fri, 15 Nov 2024 19:22:28 +0000
