Petition · past parliament
Establish a commission to limit the mandate of the Bank of England and end QE.
Closed
5,183 signatures
What the petition asks
Quantitative Easing (QE) attempts to create economic growth by unconventional, unproven methods. QE has been accompanied by unprecedentedly lower interest rates on savings accounts and Government bonds.These low interest rates threaten the real wealth of British savers, investors and pensioners.
We the undersigned, as concerned citizens of Great Britain believing in sound money and responsible public finances, do call on Her Majesty’s Government to:
1) Establish a commission for limiting the mandate of the Bank of England and its Monetary Policy Committee (MPC);
2) Make clear to the MPC that the Government does not support QE and calls for its immediate end;
3) Declare that it will not favour the interests of large banking groups over those of individual British savers and investors.
1) Establish a commission for limiting the mandate of the Bank of England and its Monetary Policy Committee (MPC);
2) Make clear to the MPC that the Government does not support QE and calls for its immediate end;
3) Declare that it will not favour the interests of large banking groups over those of individual British savers and investors.
Timeline
| 12 Aug 2016 | Petition opened for signatures |
| 12 Feb 2017 | Closed to new signatures |
Key facts
Signatures
5,183
Status
Closed
Opened
12 Aug 2016
Closed
12 Feb 2017
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Source: the official petition page. Last checked 15 Jul 2026.