Petition · past parliament

Declare the current UK Government Bankrupt

Rejected 21 signatures

What the petition asks

As the uk government can no longer meet its financial obligations to the NHS, Schools, Fire Service, Police to name a few under uk legislation any other company would be prosecuted for trading insolvent. The government should consider bankruptcy to stop the overwhelming interest payments it makes.
Considering fiat currency isn't backed by anything of value the government can but choose not to write itself a cheque to payoff all the national debt. Thus saving the interest payment it could use to pay itself back.

The government should consider bankruptcy as the only option to clear its debt and to reinstate proper spending to public services immediately.

Crime is out of control, the NHS is at breaking point, local councils can't keep up with road maintenance. The country is a insolvent.

Why it was rejected

It was not clear what the petition asked the UK Government or Parliament to do.

Petitions need to call on the Government or Parliament to take a specific action.

You could start a new petition explaining clearly what you would like the Government or Parliament to do.

Timeline

3 Apr 2018 Petition opened for signatures
10 Apr 2018 Rejected by the Petitions Committee

Key facts

Signatures 21
Status Rejected
Rejected 10 Apr 2018

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Source: the official petition page. Last checked 15 Jul 2026.