This petition was submitted during the 2019-2024 parliament
Rejected petition Covid-19: Bailout people, not irresponsible corporations.
With monetary policy in the United Kingdom lacking in scope, an unprecedented fiscal response to Covid-19 is required, but this money needs to go to the hardworking people and families in the UK who have lost their jobs through no fault of their own, not to CEOs who took on too much debt.
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No one could expect CEOs to have foreseen the outbreak of a pandemic, but they should understand that we operate on an economic cycle made of busts as well as booms. These companies take all the profits on the upside then sheepishly look to government to step in, with society bearing the cost, in the case of downturns for which they should have prepared.
The government should choose very carefully which companies it bails out, prioritising livelihoods over corporate affiliations.
This petition was rejected
Why was this petition rejected?
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 may wish to sign this petition calling for the same action: https://petition.parliament.uk/petitions/303614
You can find out more about coronavirus and how you can protect yourself and others here:
NHS website: https://www.nhs.uk/conditions/coronavirus-covid-19/
UK Government website: https://www.gov.uk/coronavirus
You can read NHS tips to help if you are worried about coronavirus here: https://www.nhs.uk/oneyou/every-mind-matters/coronavirus-covid-19-anxiety-tips
We only reject petitions that don’t meet the petition standards.