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Investigation on financiers & lawyers bullying/damaging SME's & people in Covid.

Submitted on Sunday 19th December 2021

Rejected on Tuesday 21st December 2021

Current status: Rejected

Rejection code: no-action (see below for details)

Petition Action

Investigation on financiers & lawyers bullying/damaging SME's & people in Covid.

Petition Details

Businesses, families & individuals severely damaged by lenders pulling finance in Covid. Growing media evidence of bullying & threats caused by lenders, pensions and lawyers with unrealistic finance withdrawal fees & onerous security. Retrospective investigation requested leading up to the pandemic.

Additional Information

The petition represents 66 million citizens, 4 million SME's and 2.5 million veterans many of whom had business loans and commercial retail shop mortgages and pensions pulled but where regulatory bodies: FCA, SFO, F/O, BBRS, TS, CAB & Legal Ombudsman have been completely powerless during Covid. People are losing lives and families and perfectly good businesses destroyed because financiers, pensions and lawyers greed and bullying acting for large Corporations and making extra fees on withdrawal.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

Petitions need to call on the Government or Parliament to take a specific action.

We understand you are concerned about the conduct of the financial and legal sectors over the Covid period, but we're not sure exactly what you'd like the Government or Parliament to do. There is an existing framework for scrutinising the financial services sector which you can find out more about here:
www.financial-ombudsman.org.uk/

There is also an existing framework for scrutinising the legal sector, which you can find out more about here:
legalservicesboard.org.uk/

You could start a new petition explaining clearly what action you would like the Government or Parliament to take.

We currently have the below petition open which you might like to sign:

Conduct an inquiry into the Ombudsman Scheme for Financial Services (FOS)
petition.parliament.uk/petitions/603691

Have your say on this petition!

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