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More details from petition creator

The FSA have raised the required capital ratios for banks which has forced them to raise additional capital at short notice. As a result, banks such as Royal Bank of Scotland, LloydsTSB and HBOS have had to obtain funding on harsh conditions from the Government, and Barclays has also been forced to raise very expensive capital. The Government has in addition encouraged LloydsTSB to merge with HBOS as a way to rescue the latter from an uncertain future, to the disadvantage of LloydsTSB shareholders.

Shareholders will be affected by:

1. Reduction of earnings per share by equity dilution and the high interest rate of 12% on the preference shares.

2. The bar on ordinary dividends for five years as a term of these agreements.

3. The Government gaining effective control from the new shares issued to them.

Bank shareholders’ income and capital have been devastated as a result. No recognition of the interest of shareholders as equal stakeholders in these companies with depositors and the general public seems to have been taken.

Current signatories

Martin Yau, the Petition Creator, joined by:

• Roger W. Lawson
• Gindy Toor
• Eric Wheeler
• Colin & June Neame
• Stan Grierson
• Flora Simons
• J Barker
• James McMahon
• Dr. Allan Philip White
• Louise Lloyd
• Geoffrey Dockerill
• Antony Fox
• Pat Miller
• james duffy
• terence walsh
• Roy A Bailey
• Jonathan Malloch Brown
• Philip Mitchell
• Derek Edgley
• Graham Barnes
• c. Jardine-Hardy
• Anthony Gibson
• Weizhong Liu
• Michael Fletchetr
• Rosemary Bissett
• John Dumon White
• John D Osborne
• Lawrence Marsh
• Alan Preston
• A.Hansford
• Helen Oparinde
• Mr. D. A. Alexander
• Iris Huntington
• J Hennessy
• Eric Birkbeck
• David Hopton
• H Cartledge
• A;an Weyman
• Michael Kellett
• J D J Hocking
• Shirley Hocking
• daren rice
• Margaret Lee
• Brian Cassells
• Colin Burrowes
• John Bettinson
• Amit Sanghvi
• Edward F. Pollock
• John R Brooks
• Jill Underwood
• David A Thompson
• Mary L Thompson
• Janet Fevri
• Rosemary Howe
• Pamela Falcus
• Susan Hoskins
• Paul W Huggett
• Joseph M TIpper
• Mr Gerry Potter
• J HARRISON
• Chris Andrews
• Michael C Bee
• Leonard Macfarlane
• Patience Ann Musgrave
• R.G.Bird
• John E Battersby
• Mr J Batty
• Peter Morgan
• Ian R Hamilton
• Peter Gifford
• R K Aggarwal
• William Penman Brown
• Ray Ferguson
• Nancy Ferguson
• Alan Long
• Stephen Burns
• RONALD HUNT
• muriel holmes
• Ellis Gwynn Evans
• Allen & Josephine Lowe
• Barry Edwards
• Gary Jordan
• Robert Wingate
• David Miller
• John Walton
• Brian Crawford Bridges
• David William Mann
• Susan Avis
• Richard Read
• Roger collinge
• Nigel Wilson
• Nigel Cawthorne
• Mark Digby
• Maurice Byford
• Jennifer Platt
• Sandy forbes
• Hugh Long
• Edgar Henry RING
• C.E.B. Marsh
• Alan Holloway
• William A Smith
• Peter R Rooney
• Jane Harrison
• David Morris Jones
• Toni Clark
• Michael Frost
• Richard Reed
• Marilyn Boorman
• Roger Adkin
• Andy Marjoribanks
• Hugh Payne
• Wolvyn Henriques
• Faith Rickman
• David Kershaw
• Peter Bateman
• David Lee Corcoran
• Helen Brown
• David Lowe
• George Barrowman
• Arthur Parrott
• Celia Savage
• Simon Robinson
• David Gould
• Chris Slyfield
• Stephen Webber
• A J & C A Bramwell
• What about the banks' customers; the savers???
• Juliet
• simon savage
• John Savage
• Russel West
• Margaret Buchanan
• John Perkins
• D Randall
• Tony L Young
• F C Buckingham
• Kevin Hindhaugh
• Gilbert Wright
• Yvonne Wright
• Douglas Robertson
• J.S.Greenhalgh
• james henderson
• ray mond waters
• Heather Perkins
• Michael Hatt
• V E Davies
• Catherine Adnett
• Robert George Heath
• Nigel Morton
• Chris McCarthy
• David W Lockwood
• Gordon Waller
• Colin J McClure
• Colin Burbidge
• Joanne Chappell
• NIGEL EMSLEY
• Fiona Taylor
• Stuart Wetherell
• Valerie Wetherell
• KATHRYN GLADWELL
• christopher baker
• Kevin FitzGerald
• Karen Johnson
• Lynda Murray
• Patrick Moore
• Vipin Goyal
• Michael A L Cooke
• Janet Lynch-Watson
• Joyce Chadwickj
• Christine McLaughlin
• Wendy Warren
• Geoffrey Cuttle
• Paul Waring
• Kenneth Kenyon
• Margaret E Battersby
• Jonathan Bird
• Peter Howard
• Richard Henry Float
• AILEEN MCCLINTOCK
• Lorraine Cruickshank
• Gordon K Robinson
• Barry Arnold
• Ian Jessiman
• Paul Hodson
• Donald Gascoigne
• Adrian Thompson
• Tony Pugh
• Cherry Combes
• Brian Cowe
• David D Oliphant
• Eleanor J More
• Joanne Warren
• Keith A. Smith
• Shirley Giles
• June Liddiard
• Peter Marshall
• Chris Lines
• Norman Woolhouse
• Georgina Woolhouse
• Nicholas Hamlin
• Susan Kennedy
• Pamela Fitzgerald
• Max allan
• Antony Dearsley
• Nigel Thompson
• Ainslie Edwards
• Geoff Clark
• peter masters
• Miles Stapleton
• c gillam
• Sarah A Wood
• David Moore
• Paul F wilson
• Marion G Wilson
• Ian Robinson
• Ellen Anne Clifton
• Bernadette Travers
• michael cooper
• Petra Ott
• Brian Hartshorn
• Hazel Gray
• G Webber
• Stephen Wood
• Emma Robinson
• rachel wall
• Lynn Holt
• Berwyn Peet
• No pension left
• Judith Everett
• Harry Timothy Giles
• Chris Hopper
• Graham Goodanew
• Ewan Duncan H MacRae
• Nick Jones
• John Parry
• Jeremy Carter
• Lisa Holdsworth
• PETER DAVIES