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Hello, I'm Philip Kogan, the economist's Buttonwood Columnist,

and this is Money Talks.

Coming up this week, Callum Williams takes us through the Bank of England's Wizard New Wees.

It's a way to get around the problem that banks face when interest rates gets very low, very cheap funding on the condition that they continue lending vigorously.

We ask whether Sylvia Bellesconi's once enormous business empire is on the wane.

And now that's fallen apart as well, so it really doesn't look very good for that more important bit of his business either.

And what is it good for?

And I said we got to build a wall and everybody said, oh that's crazy.

We see a very expensive project and it's two or three times more expensive than what Trump is saying in public.

Now on August the monetary policy committee of the Bank of England announced a stimulus that

Bank of England Governor Mark Carney hopes will breathe life into the British economy.

The MPC is determined that the stimulus the economy needs does not get diluted as it passes through the financial system.

Here to explain what the stimulus will mean is our British economics

correspondent Callum Williams. Callum, first of all they didn't just cut rates, did they?

No, although they did cut rates from 0.5 to 0.25%, but in addition they unveiled a package

...