Step 1: Preheat the oven to 350F degrees.
Step 2: Grease an 8 1/2 by 4 1/2 inch loaf pan.
Step 3: Mix sugar and butter in a medium mixing bowl until completely blended.
Step 4: Add banana, milk and eggs, mixing well
Step 5: Add dry ingredients, mixing just until moist.
Step 6: Stir in nuts and cranberries.
Step 7: Spread batter evenly in the loaf pan.
Step 8: Bake for 1 hour and 10 minutes, or until a toothpick inserted in the centre of the bread comes out clean.
Step 9: Remove from pan, cool on rack.
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