David Lloyd George storm when the Conservatives, with covert support from the First Sea Lord, Admiral Jackie Fisher, campaigned for more with the slogan "We want eight and we won't wait". This resulted in Lloyd George's defeat in Cabinet and the adoption of estimates including provision for eight dreadnoughts. In 1909, Lloyd George introduced his People's Budget, imposing a 20% tax on the unearned increase in value of land, payable at death of the owner or sale of the land, and ½ d. on undeveloped land and minerals, increased death duties, a rise in income tax, and the introduction of Supertax on income
Frances Lloyd George Frances Lloyd George Frances Lloyd George, Countess Lloyd-George of Dwyfor, (7 October 1888 – 5 December 1972) was the mistress, personal secretary, confidante and second wife of British Prime Minister David Lloyd George. Frances Louise Stevenson was born in London. She was the daughter of a Lowland Scottish father and a mother of mixed French and Italian extraction. She was educated at Clapham High School, where in the fifth form she had made friends with Mair, Lloyd George's oldest daughter, and Royal Holloway College, where she graduated with a Classics degree in 1910. In July 1911 Lloyd George, then Chancellor