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The origins of the CPGB (PCC) lie in the split of the New Communist Party of Britain from the Communist Party of Great Britain in 1977. A faction in the NCP rejoined the CPGB in the 1980s, grouped around The Leninist newspaper.
After the break-up of the CPGB, they declared their intention to reforge the Party on what they declared to be "firm Leninist principles". They organised an emergency conference, at which they claimed the CPGB name, but not its assets. They also changed the name of their paper. They have gradually moved away from their roots, towards working with Trotskyist groups such as the Alliance for Workers Liberty.
The party was for a short while embedded in the Socialist Labour Party, but left to join the Socialist Alliance.