{"links":{"self":"https://petition.parliament.uk/petitions/737335.json"},"data":{"type":"petition","id":737335,"attributes":{"action":"Scrap the taxpayer indemnity for Bank of England QE bond losses","background":"Remove the Bank of England's taxpayer indemnity for QE bond losses. The Treasury should amend the 2009 agreement so the BoE bears its own QT losses like other central banks.","additional_details":"UK taxpayers cover some of the BoE's QE losses – estimated £134bn in total. We believe that when rates rose, QT accelerated losses faster than other nations, and that this 2009 policy creates reckless incentives and costs every household £350/year. We think scrapping it could: 1) Stop this unfair burden 2) Align UK with global norms 3) Improve fiscal responsibility without affecting monetary policy.","committee_note":"","state":"closed","signature_count":33,"created_at":"2025-08-12T22:34:27.269Z","updated_at":"2026-03-11T00:00:00.504Z","rejected_at":null,"opened_at":"2025-09-10T16:39:29.750Z","closed_at":"2026-03-10T23:59:59.999Z","moderation_threshold_reached_at":"2025-08-12T22:45:30.000Z","response_threshold_reached_at":null,"government_response_at":null,"debate_threshold_reached_at":null,"scheduled_debate_date":null,"debate_outcome_at":null,"creator_name":null,"rejection":null,"government_response":null,"debate":null,"departments":[{"acronym":"HMT","name":"HM Treasury","url":"https://www.gov.uk/government/organisations/hm-treasury"}],"topics":[],"signatures_by_country":[{"name":"United Kingdom","code":"GB","signature_count":33}],"signatures_by_constituency":[{"name":"Birmingham Yardley","ons_code":"E14001100","mp":"Jess Phillips MP","signature_count":1},{"name":"Brentford and Isleworth","ons_code":"E14001124","mp":"Ruth Cadbury MP","signature_count":1},{"name":"Bristol North West","ons_code":"E14001134","mp":"Rt Hon Darren Jones MP","signature_count":1},{"name":"Cheltenham","ons_code":"E14001161","mp":"Max Wilkinson MP","signature_count":1},{"name":"Chingford and Woodford Green","ons_code":"E14001167","mp":"Rt Hon Sir Iain Duncan Smith MP","signature_count":1},{"name":"Coventry North West","ons_code":"E14001181","mp":"Taiwo Owatemi MP","signature_count":1},{"name":"Croydon West","ons_code":"E14001188","mp":"Sarah Jones MP","signature_count":1},{"name":"East Thanet","ons_code":"E14001216","mp":"Ms Polly Billington MP","signature_count":1},{"name":"East Wiltshire","ons_code":"E14001217","mp":"Danny Kruger MP","signature_count":1},{"name":"East Worthing and Shoreham","ons_code":"E14001218","mp":"Tom Rutland MP","signature_count":1},{"name":"Ellesmere Port and Bromborough","ons_code":"E14001222","mp":"Justin Madders MP","signature_count":1},{"name":"Fareham and Waterlooville","ons_code":"E14001233","mp":"Rt Hon Suella Braverman KC MP","signature_count":1},{"name":"Hastings and Rye","ons_code":"E14001274","mp":"Helena Dollimore MP","signature_count":1},{"name":"Ilford North","ons_code":"E14001300","mp":"Rt Hon Wes Streeting MP","signature_count":1},{"name":"Ilford South","ons_code":"E14001301","mp":"Jas Athwal MP","signature_count":1},{"name":"Kingston upon Hull East","ons_code":"E14001313","mp":"Karl Turner MP","signature_count":0},{"name":"Kingswinford and South Staffordshire","ons_code":"E14001316","mp":"Mike Wood MP","signature_count":1},{"name":"Maldon","ons_code":"E14001351","mp":"Rt Hon Sir John Whittingdale MP","signature_count":1},{"name":"Mid Buckinghamshire","ons_code":"E14001360","mp":"Greg Smith MP","signature_count":1},{"name":"Newark","ons_code":"E14001375","mp":"Rt Hon Robert Jenrick MP","signature_count":1},{"name":"Newton Abbot","ons_code":"E14001381","mp":"Martin Wrigley MP","signature_count":1},{"name":"North East Hampshire","ons_code":"E14001392","mp":"Alex Brewer MP","signature_count":1},{"name":"North Herefordshire","ons_code":"E14001395","mp":"Dr Ellie Chowns MP","signature_count":1},{"name":"Nottingham North and Kimberley","ons_code":"E14001411","mp":"Alex Norris MP","signature_count":1},{"name":"Portsmouth North","ons_code":"E14001431","mp":"Amanda Martin MP","signature_count":1},{"name":"Runnymede and Weybridge","ons_code":"E14001456","mp":"Dr Ben Spencer MP","signature_count":1},{"name":"Stretford and Urmston","ons_code":"E14001528","mp":"Andrew Western MP","signature_count":1},{"name":"Widnes and Halewood","ons_code":"E14001584","mp":"Derek Twigg MP","signature_count":1},{"name":"Edinburgh South","ons_code":"S14000080","mp":"Rt Hon Ian Murray MP","signature_count":1},{"name":"Bridgend","ons_code":"W07000086","mp":"Chris Elmore MP","signature_count":1},{"name":"Cardiff North","ons_code":"W07000090","mp":"Anna McMorrin MP","signature_count":1}],"signatures_by_region":[{"name":"North West","ons_code":"B","signature_count":3},{"name":"Yorkshire and The Humber","ons_code":"D","signature_count":0},{"name":"East Midlands","ons_code":"E","signature_count":2},{"name":"West Midlands","ons_code":"F","signature_count":4},{"name":"East of England","ons_code":"G","signature_count":1},{"name":"London","ons_code":"H","signature_count":5},{"name":"South East","ons_code":"J","signature_count":8},{"name":"South West","ons_code":"K","signature_count":4},{"name":"Wales","ons_code":"L","signature_count":2},{"name":"Scotland","ons_code":"M","signature_count":1}],"other_parliamentary_business":[]}}}