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.
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Constituency engagement ranking
1Dame Siobhain McDonagh MP
Mitcham and Morden2Sir Mark Tami MP
Alyn and Deeside3Rushanara Ali MP
Bethnal Green and Stepney4Preet Kaur Gill MP
Birmingham Edgbaston5Alex Burghart MP
Brentwood and Ongar6Josh Fenton-Glynn MP
Calder Valley7Sir Lindsay Hoyle MP
Chorley8Sir Christopher Chope MP
Christchurch9James Murray MP
Ealing North10Mims Davies MP
East Grinstead and Uckfield