At least they acknowledge that there have been losers from the policy i.e. savers who get next to no return on their savings and also the biggest gainers have been the top 5% through the proping up of property prices, share and bond prices. However, there are still major problems with all this printing of money, it means they are distorting the financial markets, keeping property prices artificially high and thereby lowering housing transactions. They may well also be creating a bubble that will burst in the bond market and keeping alive some companies that would otherwise not survive making it harder for more profitable companies to survive by creating excess capacity. Oh and by the way they have printed another £100 billion on top of the £275 billion......
It will take a lot more time before we learn the full long run effects of this experiment in "unconventional monetary policy." My gut feeling is that it is going to end badly with a bout of inflation that will be hard to control. The inflation will trigger a panic in the bond market, at a time of record fiscal deficits and national debt. Mark my words that will be a really ugly crisis to deal with just ask Spain, Greece and Portugal.
Here is a link to the Guardian Report and here is a link to the Bank of England Report