The building schools for the future programme is welcomed by all parties, but half of the eventual £50 billion cost is being financed by inflexible PFI schemes with exorbitant annual costs of more than £2,000 million for 25 years or more. Will my right hon. Friend explain why local authorities have to take, on behalf of schools, risks over which they have little control? What costs will fall on the taxpayer if PFI schools prove not to be sustainable and have to be closed prematurely?