Petitions/Remove the Asset Purchase Facility Deed of Indemnity
StatusClosed
Opened28 Jan 2025
Closes28 Jul 2025
Government response
Parliamentary debateNot eligible
Milestones

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.

10,000
100,000

Constituency engagement ranking

Dame Siobhain McDonagh
1Dame Siobhain McDonagh MP
Mitcham and Morden
2
Sir Mark Tami
2Sir Mark Tami MP
Alyn and Deeside
2
Rushanara Ali
3Rushanara Ali MP
Bethnal Green and Stepney
1
Preet Kaur Gill
4Preet Kaur Gill MP
Birmingham Edgbaston
1
Alex Burghart
5Alex Burghart MP
Brentwood and Ongar
1
Josh Fenton-Glynn
6Josh Fenton-Glynn MP
Calder Valley
1
Sir Lindsay Hoyle
7Sir Lindsay Hoyle MP
Chorley
1
Sir Christopher Chope
8Sir Christopher Chope MP
Christchurch
1
James Murray
9James Murray MP
Ealing North
1
Mims Davies
10Mims Davies MP
East Grinstead and Uckfield
1
Remove the Asset Purchase Facility Deed of Indemnity — Petitions