 Imagine if you will for a minute 50 million pounds in cash piled up, and now imagine setting fire to it. That's effectively what Simon Franks is doing by starting a new centrist party. Centrism, as it's called, social liberalism, married with fiscal conservatism, has led us to where we've got to in this country today. It's delivered a housing crisis, it's delivered rampant inequality, a current account deficit. We're now importing far more than we're exporting as a country. The top one percent now is on track to have two-thirds of the world's wealth by 2030. That's just unsustainable. So why on earth would a rich businessman want to fund a new political party to maintain the status quo? You have to wonder. The real centre ground in politics now, the real centre ground where the public opinion actually is, is with the Labour Party. Labour's policies consistently poll very well with the British public. That's where the centre ground of public opinion actually is. This mythical centrism that people often describe as existing somewhere in between left and right, the left ostensibly being Labour, the right, the Conservatives, doesn't actually exist anymore because it doesn't address any of the challenges that we face today as a country. In fact, it's caused those problems in the first place and it can't solve them.