Local elections were held in the United Kingdom on 7 May 1992, one month after the general election which returned the governing Conservative Party for a fourth consecutive term in office. The Conservatives won back some ground that they had lost the previous year. The Conservative Party gained 303 seats, bringing their number of councillors to 8,288. Their share of the vote was projected to be 46%, their highest for many years. The Liberal Democrats gained 56 seats and had 3,728 councillors after the elections.