Treasury has published its six-monthly report on arrangements which involve or may require reliance on section 228(1) of the Act, which allows Treasury to make payments from money provided by Parliament or the Consolidated Fund in certain circumstances. It notes four schemes operated by various government departments, of which the most expensive is Treasury’s help-to-buy scheme, which has the aim of increasing the availability of high loan to value mortgages for creditworthy borrowers. (Source:Treasury Publishes Banking Act Report)