Cranborne Money

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Cranborne Money is the common name given to the annual payment to opposition parties in the UK House of Lords to help them with their costs. It is named after Lord Cranborne, who was the leader of the House of Lords when it was introduced on 27 November 1996. [1] Short Money is its counterpart in the House of Commons.

Annual allocations

Cranborne Money allocations
 2009/102013/14
Conservative Party474,927-
Labour Party-555,748
Liberal Democrats237,126-
Cross bench peers61,00371,770
Total726,988627,518

In addition to the above funds, the salaries of the Leader of the Opposition and Opposition Chief Whip in the House of Lords (as of 2019 the Labour Party) are also paid from public funds. In 2009/10 such payments amounted to £73,617 and £68,074 respectively.

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References

  1. "Financial Assistance To Oppositionparties". Parliamentary Debates (Hansard) . House of Lords. 27 November 1996. col. 267–272.