{"links":{"self":"https://petition.parliament.uk/petitions/782024.json"},"data":{"type":"petition","id":782024,"attributes":{"action":"Make Bank of England target inflation, growth and rate stability all at 2-3%","background":"Bank of England raises rates regardless of inflation's cause — like giving paracetamol for every disease. We call on Parliament to legislate a Triple Mandate: inflation, growth and interest rate stability — all at 2–3% — so monetary policy serves everyone, not just inflation target alone.","additional_details":"Inflation was energy-led - gas from 54p to 450p per therm - not caused by mortgages, rents or business loans. Yet BoE raised rates to 5.25%, deepening cost of living crisis. Mortgages £800 to £1350pm, rents up 20%, business loans 8-9%, savers didn't get this rate either. Growth only 1.3% in 2025, debt 95% of GDP - hard to manage finances. Curing energy inflation with interest rates is absurd - address specific issues with specific tools. Don't make everyone pay for inflation they didn't cause.","committee_note":null,"state":"rejected","signature_count":6,"created_at":"2026-09-15T23:31:41.016Z","updated_at":"2026-10-12T14:30:48.418Z","rejected_at":"2026-10-12T14:30:46.427Z","opened_at":null,"closed_at":null,"moderation_threshold_reached_at":"2026-09-17T11:07:40.000Z","response_threshold_reached_at":null,"government_response_at":null,"debate_threshold_reached_at":null,"debate_scheduled_on":null,"scheduled_debate_date":null,"debate_outcome_at":null,"creator_name":null,"rejection":{"code":"no-action","details":"We find this petition unclear and do not understand from the text how the Triple Mandate you mention would function - would the new statutory position be advisory or would this be expected to bind the Govt and/or the BofE in some way? \r\n\r\nYou may wish to submit another petition setting out your ask more clearly."},"government_response":null,"debate":null,"departments":[],"topics":[]}}}