Financial Stability

If £250 billion has been pre-emptively committed to securing the banks, for reasons that we all understand, how does my right hon. Friend envisage funding, presumably, stage 2 of his recovery plan—securing the real economy, manufacturing industry and jobs—if in fact a recession has already been set in train? I recognise that, of course, safeguarding the banks must come first, as clearly it must, but what leverage do the Government and taxpayers have to ensure that credit starts to flow freely again to businesses, mortgages and employment if long-term incentives have been given to the banks without—it appears—any enforceable conditions?