The New Party was a political party briefly active in the United Kingdom in the early 1930s. It was formed by Sir Oswald Mosley, an MP who had belonged to both the Conservative and Labour parties, quitting Labour after its 1930 conference narrowly rejected his "Mosley Memorandum", a document he had written outlining how he would deal with the problem of unemployment.
On 6 December 1930, Mosley published an expanded version of the "Mosley Memorandum", which was signed by seventeen Labour MPs: Oliver Baldwin, Joseph Batey, Aneurin Bevan, W. J. Brown, William Cove, Robert Forgan, J. F. Horrabin, James Lovat-Fraser, John McGovern, John James McShane, Frank Markham, Lady Cynthia Mosley, Sir Oswald Mosley, H. T. Muggeridge, Morgan Philips Price, Charles Simmons, and John Strachey. It was also signed by A. J. Cook, general secretary of the Miners' Federation.
On 28 February 1931 Mosley resigned from the Labour Party, launching the New Party the following day. Mosley initially attracted the allegiance of six Labour MPs, although two resigned membership after a day and sat in the House of Commons as independent MPs. The party received £50,000 funding from Lord Nuffield and launched a