Video: George Osborne to 'deploy new firepower' to save UK economy "We are not powerless in the face of the euro-zone debt storm," Mr Osborne said. We can deploy new firepower to defend our economy from the crisis on our doorstep. Funding for lending to the family aspiring to own their home and the business that wants to expand...The Government - with the help of the Bank of England - will not stand on the sidelines and do nothing as the storm gathers. It is estimated this could support up to £80bn in new loans.