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 Viscount Cranborne who was the leader of the House of Lords when it was introduced on 27 November 1996.

[edit] 2007/08 Allocations

Cranborne Money allocations, 2007/08 (£)
  2007/08
Conservative Party
(Official Opposition)
457,540
Liberal Democrats
(Second largest opposition party)
228,445
Cross Bench Peers 41,003
Total 726,988

In addition to the above funds, the salaries of the Leader of the Opposition and Opposition Chief Whip in the House of Lords (currently the Conservative Party), which currently stand at £70,986 and £65,642 respectively, are also paid from public funds.

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