People's Budget called the People's Budget "a revolutionary concept" because it was the first budget in British history with the expressed intent of redistributing wealth equally amongst the British population. It was a key issue of contention between the Liberal government and the Conservative-dominated House of Lords, leading to two general elections in 1910 and the enactment of the Parliament Act 1911. The Budget was introduced in the British Parliament by David Lloyd George on 29 April 1909. Lloyd George argued that the People's Budget would eliminate poverty, and commended it thus: The budget included several proposed tax increases to fund the
David Lloyd George House of Commons (20 December) Lloyd George also argued that the collapse of Russia and defeat of Italy required further "combing-out" of men from industry, in breach of pledges given to the trade unions in 1916. Auckland Geddes was given increased powers to direct labour – a new bill became law, despite the opposition of the Amalgamated Society of Engineers, in February 1918. The unions were placated with the Caxton Hall conference (5 January 1918), at which Lloyd George outlined Allied war aims. He called for Germany to be stripped of her conquests (including her colonies, and Alsace-Lorraine, annexed in