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Why a new "centrist" party would probably fail

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It's been heartening to see that the  softening of Labour's Brexit position over the summer has not led to a decline in its polling figures, and may even be driving them up a little. Labour's change was apparently motivated at least in part by the fear that a new "centrist" party would emerge that would hurt them more than the Tories . Certainly, there's been much talk recently of such a party, despite or perhaps because of the lacklustre performance of the existing centrist party, the Lib Dems, in the snap election. The belief that a new centrist party would sweep all before it is based on the idea that if Labour moves left while the Tories move right, a great yawning gap of homeless voters will appear in the middle. Assuming voters are normally distributed across the political spectrum, the picture looks something like this: Which is fine as far as it goes, but the label "centrist" bugs me, both as a tag for the potential new party and in i