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40% Legal Cap on Peacetime UK Debt

Submitted on Saturday 24th January 2015

Published on Tuesday 10th February 2015

Current status: Closed

Closed: Monday 30th March 2015

Signatures: 1

Tagged with

British ~ British people ~ Money ~ UK

Petition Action

40% Legal Cap on Peacetime UK Debt

Additional Information

I propose a maximum 40% (of GDP) national debt ceiling allowable by ANY political party in power to force responsible borrowing & spending during peacetime.

NO party, whatever their political leaning, should be able to run our nation into destitution by borrowing huge sums of money we cannot afford to repay.

We Demand LEGAL enforcement of ethical borrowing and spending of OUR money. The money of the British people.


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