New Party For Disaffected Labour Supporters?

The Labour Party has always been the Party for the left and how we chortled like drains when the hard right Reform Party came along and split the vote on the more stupid side of the ideological fence  and Labour swooped into power amidst a chorus of the Red Flag.
A year on and Labour have been, well...not great as they picked up the clothes dropped by the Conservatives and went headlong after the pensioners and the disabled to which Labour supporters cried WTF Keir???  
Hiding in the shadows and with his Labour membership ripped from his hand, stood Jeremy Corbyn who was one of my favourite Labour leaders as he was more radical than most but the 2019 election came too early for him but now he is back and the signs are that he is forming a new, left wing party with the more Socialist members of the Labour Party.
Zarah Sultana has announced that she is setting up a new political party with Jeremy Corbyn as an alternative to the Labour Party which is great news and it will be atractive to Labour supporters who feel that their Party has moved too far away from it's Socialist roots although it does come with the risk of splitting the left leaning vote and allowing one of the god-awful right wing parties back in.
We will have to wait and see who joins and if any of the Big Beasts at the current Labour Party step across which will be key to it being a success but as i said in a previous post, if this current Government are not willing to pull their heads out of their arses and remember they are the Party founded on Socialism and the party of the downtrodden and working person, then the best they can do is step aside and allow in a proper left wing Party that does.