Given it's 4 years till the next election. And nothing can really happen until then.

Added to the way the PLP and leadership took over the labour party ignoring the members wishes. On many issues. And outright lying to members to gain power. Then removing MPs to keep that power using the PLP control over leadership.

The founders think ensuring the democratic roots and management of this new party is more important then rushing it's formation.

Edit: I'll add.

The party has 0 Leaders or MPs ATM. This is also related to the same issue. The founders will not call them self Leaders unless the membership chooses them to, but they are offering to stand. Several MP on the left of labour have announced they support the party. But they are all still registered in parliament as independent having resigned from labour or had the whip removed then resigned.(Members of labour are banned from supporting other parties apart from coop) Unlike labour Your Party will not allow leaders to select MPs. But instead as labours original plan. Local constituency party members will vote on the candidates that represents them. Then local voter vote for or against them. No more parachuteing MPs in that support the leadership. Against the membership. Into safe seats( once /ifsuch seats exist in the future)

The tempory name your party is more then just words. It is used to make a point. You being the members.

Membership is open now under that name. And one of the founders have indicated their preference of name. But not in a way that is more then just. Well I like the idea of.

"The Left"

Personally I like "Your Left" as it will force any party officials or MP to forever remember it is the members party and is expected to be left of centre.

Also reminding the MPs they are answerable to thier constituency constantly would be a nice side effect of such a name.

But other members seem to dislike the sound of it.