Budget League Budget League The Budget League was a British pressure group formed in 1909 by Winston Churchill to publicly campaign in favour of David Lloyd George's People's Budget in reaction to the activities of the Budget Protest League. The foundation of the League had not been discussed in the Cabinet and when Sir Henry Norman requested Cabinet ministers to speak at its meetings, nearly all of them refused to participate. However, after Jack Pease issued a circular to all Cabinet members, the League was able to announce that many leading Liberals would speak at its meetings. A conference on 9 July
David Lloyd George still intermittently in the public eye and publishing his War Memoirs. Lloyd George was President of the London Welsh Trust, which runs the London Welsh Centre, Gray's Inn Road, from 1934 until 1935. In January 1935 Lloyd George announced a programme of economic reform, called "Lloyd George's New Deal" after the American New Deal. This Keynesian economic programme was essentially the same as that of 1929. MacDonald requested that he put his case before the Cabinet, and so in March Lloyd George submitted a 100-page memorandum that was cross-examined between April and June in ten meetings of the Cabinet's sub-committee.