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The irony here is that the split itself does not require a far left party to win elections, following Suez even the conservatives can get enraged enough to just decide to make the jump - lock, stock and barrel. Say right people in the right places... Given the apparently good relations between Philby and Macmillan around the time, something may have been possible even along those lines, especially with some more proactive support from the (profoundly humiliated) armed forces.