Hardly getting over it.
As Gramsci made plain, PFI was the result of "nu Labour thinking" (my emphasis). It's fair to say that the new Labour predicates on PFI were informed by neo-liberalism, just as were those of the Tories and the Lib-Dems - the whole T.I.N.A. mythology, for a start, that there was no alternative to "the market".I think you should allow this was totally cross-party.
I downloaded a document about PFI regeneration schemes the other day - which listed the Regenter Myatts Field North PFI as 2004.
I happened to be wandering about the area with a fellow Liberal Democrat ex-councillor on Rocket no.9 's Music Hall stars walk last Sunday, and we were commenting on the improved look of the Oval Quarter since the corrugated iron came down. I mentioned to my former colleague (who had said the service charges were very high in these flats) that the Lib Dems must have signed the PFI deal off if it was 2004. "I don't remember it" they said.
PFI council regeneration seems to have been imposed by government, and councillors probably had little choice in it as a funding choice. Housing/Regeneration departments (and the mayor's office) no doubt did all the dirty work of liaising with developers and councillors simply signed on the dotted line. As they often do.