Petition · past parliament
Use £56 Billion in quantitative easing to give every UK tax payer £2000.
Rejected
18 signatures
What the petition asks
It has been announced that the UK Government will inject £200 Billion in to the economy via quantitive easing.
Please DO NOT just give this money to the banks in the hope that they will ease the burden on businesses by forgiving debt and providing loans.
THEY NEVER DO!
Please DO NOT just give this money to the banks in the hope that they will ease the burden on businesses by forgiving debt and providing loans.
THEY NEVER DO!
£56 Billion of that would give every UK tax payer a £2000 lump sum each.
This money would keep the wolves from the door and provide a cussion to all those expected to take unpaid leave or work on reduced pay during this crisis.
It would be a buffer for all those who lose their jobs. It would provide a bit of financial security to those who face an uncertain few months.....
It should not end up added to the bank's capital reserve!
This money would keep the wolves from the door and provide a cussion to all those expected to take unpaid leave or work on reduced pay during this crisis.
It would be a buffer for all those who lose their jobs. It would provide a bit of financial security to those who face an uncertain few months.....
It should not end up added to the bank's capital reserve!
Why it was rejected
It asked for something that is not the responsibility of the UK Government or Parliament.
The Bank of England is owned by the UK Government, but is independent in how it carries out its responsibilities. Decisions about quantitative easing, and any other action by the Bank of England, is therefore a matter for the Bank, and not the Government or Parliament.
We have published a petition calling on the Government to implement Universal Basic Income to give home & food security through Covid-19, which you might like to sign: Implement Universal Basic Income to give home & food security through Covid-19
You could start a new petition calling on the Government to make a one-off payment to all UK residents, to help them with any financial difficulties resulting from the coronavirus outbreak, if that is what you would like to happen.
You can find out more about coronavirus and how you can protect yourself and others here:
www.gov.uk/coronavirus
https://www.nhs.uk/conditions/coronavirus-covid-19/
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 have published a petition calling on the Government to implement Universal Basic Income to give home & food security through Covid-19, which you might like to sign: Implement Universal Basic Income to give home & food security through Covid-19
You could start a new petition calling on the Government to make a one-off payment to all UK residents, to help them with any financial difficulties resulting from the coronavirus outbreak, if that is what you would like to happen.
You can find out more about coronavirus and how you can protect yourself and others here:
www.gov.uk/coronavirus
https://www.nhs.uk/conditions/coronavirus-covid-19/
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
Timeline
| 19 Mar 2020 | Petition opened for signatures |
| 16 Apr 2020 | Rejected by the Petitions Committee |
Key facts
Signatures
18
Status
Rejected
Rejected
16 Apr 2020
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Source: the official petition page. Last checked 15 Jul 2026.