"£140bn kiss of life for Britain: Chancellor and Bank in dramatic bid to hand small firms and house-buyers cheap loans. Banks will be loaned money on condition they pass it on in the form of cheaper loans and mortgages." To start with, the banks are going to pass this money at higher interest rates than they will pay to the Bank of England. It is yet another government exercise in subsidising the ailing and failing parasitical financial industry disguised as an economic stimulus that is suposed to help ordinary businesses and the public. (For clarity, banks are not taking any risk these days. They are "too big to fail", hence the government, i.e. we the taxpayers, underwrite their risk in any event.)
More importantly it is yet another clearly pathetic example of centrally planned economy akin to East European communist countries of 1970's and 1980's when they were on their last legs: governments looking for solutions of economic and financial problems by printing more and more money. This is communism at its "best" where apparatchiks (i.e. the financiers and their cronies) benefit: communism for the rich that is.