The UK is locked into hundreds of Private Finance Initiative (PFI) deals that will cost taxpayers an estimated £160 Billion in future payments.

These "off-the-books" contracts, used to build schools and hospitals, have left a toxic legacy of crippling debt.

Many of these agreements have become a blank cheque for private firms, charging extortionate rates for basic maintenance and locking the public sector into inflexible, decades-long deals.

This is not smart financing; it's a monumental drain on public funds. They are a financial albatross that will burden taxpayers for generations. They were created by Government to get the around the Government rules, the Government itself created.

A specialist task force must be created to aggressively renegotiate these contracts and a law change may required to aid this endeavour. The mission is to challenge every inflated cost, buy out contracts where it saves money, and end the rip-off.

Reclaiming even a fraction of these costs would free up Billions for reducing the burden on future generations.