Petition · HM Treasury
Remove the Asset Purchase Facility Deed of Indemnity
Closed
41 signatures
What the petition asks
Since 2009, UK Taxpayers have been on the financial hook for losses by the Bank of England’s Quantitative Easing Policy. We think removing the deed of Indemnity against the UK Taxpayer would save the Treasury a significant sum annually.
Remove the Deed of Indemnity!
The Bank of England and the Treasury came up with this indemnity policy that we think is idiosyncratic and is estimated to cost the U.K Taxpayer over the lifetime of the policy in excess of £100 Billion.
We think that by removing the Indemnity policy it would be a simple fix to help the UK's Fiscal problems.
By removing the Indemnity policy it will be a simple fix to the UKs Fiscal problems.
The Bank of England and the Treasury came up with this indemnity policy that we think is idiosyncratic and is estimated to cost the U.K Taxpayer over the lifetime of the policy in excess of £100 Billion.
We think that by removing the Indemnity policy it would be a simple fix to help the UK's Fiscal problems.
By removing the Indemnity policy it will be a simple fix to the UKs Fiscal problems.
Timeline
| 28 Jan 2025 | Petition opened for signatures |
| 28 Jul 2025 | Closed to new signatures |
Key facts
Signatures
41
Status
Closed
Department
HM Treasury
Opened
28 Jan 2025
Closed
28 Jul 2025
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Source: the official petition page. Last checked 21 Aug 2026.