How to spend £200m on six families

Just six families have been helped by the government's £200m mortgage rescue scheme.  The number of families helped has risen from two to six during May.

Ian Austin, the housing minister, said:

The impact of the scheme is accelerating.

He is spot on.  Help is up by 300%.

When the scheme was introduced in January it was said that up to 6000 households would be helped.

All spin and no action from a Government that has run out of ideas.