A & B would be connected in parallel. Usually only the one (signal) wire is switched.
Inside the sub, there would be some sort of attenuator that drops the speaker level by some 30dB or so, and does filtering, before applying the filtered signal to the subs built-in amps. The initial attenuators are likely made of high value resistors. If they have high value, they don't draw current and don't get hot, so it's cheaper. It probably presents very high resistance to the Arcam.
When switching off the B speakers, the speaker wire going to the subs has its + side disconnected from the Arcam. This forms a nice antenna that picks up mains humm from everything around. Shielding the cable will bedevil the functioning of the antenna and it will pick up less humm. Placing a lowish value resistor in parallel to the + & - cables will have a similar effect on the "antenna." The lower the resistance, the less good the antenna. 1k Ohm is a safe compromise between heat generated in this resistor by the Arcam when the sub is playing, and keeping the effectiveness of the antenna low when the subs are not playing.
Without the added resistor the entire + wire forms a high impedance node (probably 10-100k Ohm) on the input of the sub. The sub should be very effective at 50Hz, so one hears it. In spite of things having been attenuated as a first step when entering the sub, the 50Hz did not get filtered out before gain was applied again by the subs power amp.
When the B set is switched on, the Arcam drives the speaker wires from a very low impedance (milliohms), so it doesn't pick up humms and buzzes.
If you use shielded cable, it adds capacitance on the output of the Arcam when the "B speakers" are switched in. 5 meters of co-ax might amount to about a nanofarad, which will not bother the Arcam. If it was a multi kW PA amp, you would think about the breakdown voltage of the coax cable, but not for the Arcam. I doubt it will swing 50V RMS.
The Arcam will see 8 Ohm(?) main speakers in parallel to 1000 Ohm, so no real change there.
I haven't seen the insides of those subs. So if everything above is all lies, the experiment will cost you about R2 for resistors. You would of course be wise to try with real cheap coax before acquiring those 30k interconnects for this

Piccie for clarity: