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New centrist party gets £50m backing to ‘break mould’ of UK politics

It appears to have a centrist policy platform that borrows ideas from both left and right. | Andrew Rawnsley Read more Senior figures from the worlds of business and charity are understood to be involved, as well as former supporters of the main parties, including a number of former Tory donors. Some form of political movement could be launched later this year. While figures from across the political spectrum are said to be involved in Franks’s project, much of its policy platform appears to be aimed mainly at a liberal, centre-left audience. A source said some Brexit supporters are involved. However, there are plans to reach out to MPs deemed to meet its non-partisan approach. The formation of a new party could represent a challenge to both the Lib Dems, who remain in the doldrums, and Labour, which is divided over Corbyn’s leadership and has been plagued by accusations of antisemitism by some members. What is said to unite those involved is a frustration with current party politics and the short-termism of professional politicians. It remains unclear how they intend to navigate Britain’s “first past the post” electoral system. It formed part of a liberal alliance that secured 7.8m votes at the 1983 election, but ended up with just 23 seats.