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The leftist ideology has been on a steady rise in popularity in the UK, mainly due to dissatisfaction with modern conservative agenda, especially in the light of such controversial political events as Brexit and the ensuing uncertainty about security of the state. In spite of that, the Labour Party, widely regarded as the main center-left party in the UK, lost the 2019 general election leading Jeremy Corbyn, the party's longtime leader, to announce his decision to step down, triggering a 2020 leadership election. Many blamed the Labour Party for being stuck in the past, and that raised a question of whether leftist parties need to reevaluate their role and their goals in modern politics in order to achieve success. The purpose of the report is to examine the causes of leftist parties' consistent loss in the struggle for power, the impact they have had on the country's agenda and the future they are facing.