This weekend revealed that a number of rich donors are working on putting the pieces in place for a new political party. The revelation did not go over well, with a lot of criticism aimed at a party based on money first, and supporters second.
There is a strong impression among commentators that the plan is for a new party of neoliberalism and vague bureaucratic centrism, to unite the Blairite trend of New Labour with the Cameron and Osborne wing of the Conservative Party.
Is that really where the future of British politics lies?
Well the certainly times haven't been favourable to the Liberal Democrats, for instance, whose Orange Book wing that led them into The Coalition represents this same kind of neoliberal platform. They have largely been forgotten by the electorate - though there are more complex reasons for that.
Is a new neoliberal party the catalyst that will 'remoderate' an electorate that the 'centrists' perceive as being torn apart by the militant division between the Tories turning rightward and Labour turning leftward into Corbynist socialism?
Who would even lead such a party? Are Tony Blair and George Osborne hoping to make a dramatic political comeback? Maybe the plan is to push forward Yvette Cooper, the Labour leadership contender and figurehead of 'moderate' Labour?
This kind of party certainly seems to be a long term aim of Tony Blair, as we previously wrote about the direction he took at the helm of New Labour, steering Labour towards being a sort of big tent, middle ground, Democratic Party.
Blair and New Labour did not, however, complete their 'modernising' project. He and others tried to have things both ways - clinging to left-wing pretensions, and trade union backing and funding, even as they embraced right-wing economics - when an irreversible transformation of British politics was in their hands.
But that moment has passed. How would such a party even launch in the present climate and who could stand for them as a candidate?
The only practical route to such a party would be to rip the Labour Party in two, perhaps with some sort of agreement in place, at least in the short term, to not stand against each other - a possibility even Owen Jones has acknowledged.
The time when this might be a realistic possibility is not now, but in the aftermath of the next election if Labour do not beat the Conservatives. Would those who are anti-Corbyn leave or use the opportunity to topple him?
Whether to stand or walk is a dilemma the so-called centrists have been wrestling with. So far they have favoured staying and fighting. But with the strength of Labour's left-wing - pushing Corbyn to two leadership elections and gaining control of the party - if power isn't a prospect, then maybe the so-called centrists will see exiting as their only way to pursue their electoral agenda.
It has to be noted that new parties have little luck on the British political scene. The anti-EU movement had more success out of Parliament than breaking into it. Ripping current MPs and their seats from current parties, en masse, would increase the chance of success.
So another possibility, that might have more pull with 'moderate' Conservatives, would be for a party to launch in the aftermath of the election if Labour win only a minority government - but with more seats and votes than the Tories.
In that scenario, a new party would be able to prey on the opportunism of MPs on all sides of the House amid what would be seen as a very unstable impasse, with the Conservative Party humbled but Corbynism unable to deliver a majority.
However, there would seem to be little inspiring about a party of opportunists assembling to break an impasse. Would voters be grateful to them or see them as responsible leaders? And does such a 'party of the centre', a big tent Democratic Party, even have much of a vision to offer?
There is nothing convincing in any of this. It is still the view of The Alternative that - far more than a new party - we need political plurality and a Progressive Alliance fighting for a proportionally representative electoral system.