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.
| 2007/08 | |
|---|---|
| Conservative Party (Official Opposition) |
474,927 |
| Liberal Democrats (Second largest opposition party) |
237,126 |
| Cross Bench Peers | 61,003 |
| 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 for 2009/10 are £73,617 and £68,074 respectively, are also paid from public funds.