Important:
This petition was submitted during the 2010-2015 parliament
Petition CSA - Apply annual interest rates on outstanding debts in line with inflation rates
More details
Proposal to introduce annual interest rates on outstanding debts in line with inflation rates.
Money losses it's value over time due to inflation. The average annual inflation rate is circa 3% and based on that £10,000 in 2004 would be worth only circa £7,000 in 2014.
This petition closed early because of a General Election
3 signatures
Show on a map the geographical breakdown of signatures by constituency
10,000 signatures required to get a government response