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. Short Money is its counterpart in the House of Commons.
Annual allocations + Cranborne Money allocations (£) 2009/10 2013/142022/23 Conservative Party 474,927 – – Labour Party – 555,748726,814 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 are also paid from public funds. In 2009/10 such payments amounted to £73,617 and £68,074 respectively.
References
External links Financial assistance for Opposition parties, Parliament.uk - contains total amounts for each year since 2001.