If deficit exceeds 3% percent of GDP, MPs become ineligible for re-election.
If there is a spending deficit of more than 3%, in efforts to curb national borrowing, do not allow sitting Government ministers the ability to re-run as an MP for the remainder of their lifetime.
Signatures
6
signatures
Government response threshold (10,000) · 6/10,000
Debate threshold (100,000) · 6/100,000
- 27 MAR 2025Petition rejectedno-action
Petitions need to call on the Government or Parliament to take a specific action. We're not sure exactly what you'd like the Government or Parliament to do. The annual budget deficit is already over 3%, and has been since 2020-21. So we are unsure if you if you would like the petition to apply where the deficit rises above 3% while Ministers are in office, or where they do not bring the deficit under 3%. You could start a new petition explaining clearly what you would like the Government or Parliament to do.
- 06 FEB 2025Petition created
Background
Our national debt is out of control.
In 2024–25, the UK government is expected to spend 7.3% of its total public spending purely on debt interest.
In 2023/24, government revenue – from taxes and other receipts – was £1,098 bn while government spending was £1,230 bn. The deficit was therefore £131 bn, equivalent to 4.8% of GDP.
At 4.8% of GDP, the deficit was the UK’s seventeenth largest in the 76 years since 1948.
We need those in power to be held to account, not career politicians.