Government to sell £60 billion of US debt holdings to mitigate financial risks.
Government to reassess reliance on US Treasuries amid dollar decline and trade volatility. Selling £60 billion of £690 billion owned, Parliament should adopt a structured divestment strategy to maximise returns. Funds should be reinvested in inflation relief, NHS, military expansion and others.
Signatures
7
signatures
Government response threshold (10,000) · 7/10,000
Debate threshold (100,000) · 7/100,000
- 23 JUN 2025Petition rejectedno-action
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- 04 JUN 2025Petition created
Background
Holding excessive US debt risks devaluing UK reserves. Trump's policies tariffs, deficit spending threaten Treasury values. With China offloading debt, the UK must act to protect its position and reinvest in infrastructure, inflation relief, NHS, tax relief, national expansion, and military growth. If Japan follows, Britain risks holding a declining asset. A structured selloff would fund transport upgrades, pothole repairs, energy security, defence, and economic recovery, ensuring stability.