Petition · past parliament · HM Treasury
Fixed-rate low-interest government backed loan up to £20,000 for every UK adult
Closed
40 signatures
What the petition asks
A simple and widespread solution to the economic crisis caused by Covid-19
This would be not dependant on credit score, housing situation or employment status – as long as the applicant can satisfy that they have an income to repay the debt.
This would be not dependant on credit score, housing situation or employment status – as long as the applicant can satisfy that they have an income to repay the debt.
Following years of austerity, the destabilising effect of Brexit and the current Covid-19 crisis affecting us all the economy is deteriorating from its previous already stagnant status. The people are suffering, across all backgrounds.
In these unprecedented times an economic reset is required and therefore I put forward this suggestion to ensure our economy can quickly recover and grow after the current crisis abates.
In these unprecedented times an economic reset is required and therefore I put forward this suggestion to ensure our economy can quickly recover and grow after the current crisis abates.
Timeline
| 18 May 2020 | Petition opened for signatures |
| 18 Nov 2020 | Closed to new signatures |
Key facts
Signatures
40
Status
Closed
Department
HM Treasury
Opened
18 May 2020
Closed
18 Nov 2020
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Source: the official petition page. Last checked 15 Jul 2026.