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.[2]

Annual allocations

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Cranborne Money allocations
  2009/10 2013/14 2022/23
Conservative Party 474,927 - -
Labour Party - 555,748 726,814
Liberal Democrats 237,126 - 362,892
Cross bench peers 61,003 71,770 95,013
Total 726,988 627,518 1,184,719

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.

References

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  1. ^ "Financial Assistance To Oppositionparties". Parliamentary Debates (Hansard). House of Lords. 27 November 1996. col. 267–272.
  2. ^ Kelly, Richard (9 May 2013). "Short Money". Retrieved 7 April 2014.
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