Treasury Minister Mark Hoban told ITV News that the £80 billion Funding for Lending Scheme will be a "welcome boost" to the economy, with the plan of "encouraging" small businesses and first-time buyers to invest in loans and mortgages.
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Most of the UK will have a mixture of sunny spells and scattered showers before becoming drier in the afternoon.
Scottish people celebrate the birthday of national writer Robert Burns with events including haggis throwing and the Big Burns Supper.
There will be a rare chance to see an asteroid pass so close to the Earth you will be able to see it with binoculars on Monday night.