With respect and I mean that, this is utter tosh. The third way is a distinct political ideology, it is not in the middle of anything.
A brief history of the third way
As Tony Blair and Peter Mandelson host a Downing Street seminar to revive the so-called third way, Anne Mellbye looks back at the development of New Labour's ideology
https://www.theguardian.com/politics/2003/feb/10/labour.uk1
This is the central lie at the root of the third way.....
Prof Giddens argued that reformist governments could no longer rely on traditional statist programmes in the face of powerful global financial forces. Instead, political parties could generate significant consensual support by campaigning from the centre, while remaining committed to radical measures. He therefore advised New Labour not to be afraid of being called conservative.
And there you have it, you campaign from the centre, by redefining the centre to the point of meaninglessness, while re-labelling conservatism as new Labour.
Why didn't I think of that!
You did Dave, you did.