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
George Lloyd-Jacob 1918–21. He was called to the bar in 1893 and took silk in 1945. From 1937–45, Lloyd-Jacob served as junior counsel to the Board of Trade on patent matters. He was appointed to the High Court in January 1950 and was knighted by King George VI the next month. In 1967, in a 49-day patent case he was hearing, defendants Rolls-Royce – who were being sued over a dispute over engine patents – insured Lloyd-Jacob's life for £100,000 until the end of the case. He died unexpectedly in Surrey at age 72. George Lloyd-Jacob Hon. Sir George Harold Lloyd-Jacob (1