I thank Mike Hedges for that question and for the regular advice that he has provided on this matter—advice that, as he knows, is consistent with the approach that successive Welsh Governments have taken since devolution. In Wales, citizens pay about £40 per head each year as a result of PFI schemes, and that's about a fifth of what citizens in other parts of the United Kingdom have to pay.

I agree with what Mike Hedges has said, Llywydd—that there should be a review of historic PFI schemes. The Welsh Government will shortly be writing out to all contracting authorities in Wales to make sure that that happens, and that it happens every year. In the first instance, it is for those contracting authorities to review the contracts and to see where there may be potential scope to make savings on their annual service payments. In order to incentivise that practice, the policy we will pursue will be that that authority will be able to retain any savings that it generates in that way.

In cases where an authority is considering early termination of the contract, then there will need to be a dialogue between that authority and the Welsh Government. We may be able to look at measures such as our invest-to-save fund to assist them in doing just that.