The Britain Project, though it will not be formally affiliated to the party, will be launched at the Liberal Democrat Autumn Conference later this month:
Tim Leunig, the group’s policy director, who recently became a Liberal Democrat peer in Britain’s unelected House of Lords, said: "We are here to help them."
"But we’re also here to ask them tough questions because: who knows? They might be a minister one day, and then the civil service will ask them tough questions."
And Lord Leunig does sound a little like a cross between a regimental sergeant major and a dyspeptic Oxbridge admissions tutor throughout the piece.
You are probably wondering who is funding The Britain Project. Politico says the names of the individual donors will not be revealed, but I wonder if that arrangement is wise or tenable.
My experience on the party's federal policy committee (FPC) led me to conclude that the Lib Dems were not short of expert input into their policy – or at least outside input, as much of it was from campaign groups – but short of political input.
What happened was that reports written by a working party and then brought to FPC. Much as happened at Conference, there would be a debate on one controversial idea, but the rest of it would be nodded through.
I remember questioning one recommendation and being told by the chair of the working party that the RSPCA would condemn us if we said anything different. It sometimes felt as though we did not so much make policy as buy it in.
There was sometimes talk of an alternative model, a select committee model, where a small group of FPC members would take evidence from outside bodies and then write the final policy themselves. #
This still seems to me a better model, because it offers the possibility of policy that is at once informed by outside expertise and Liberal in its effect.
Politico says many Lib Dem MPs are interested in being involved with the new think tank, which may be a reflection of the thinness of the party's policy offer in recent years, but it's still encouraging, given how little engagement they had with FPC when I was on it.
I hope, however, that The Britain Project will contribute to party policy and not write it.

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