People's Budget People's Budget The 1909/1910 People's Budget was a proposal of the Liberal government that introduced unprecedented taxes on the lands and high incomes of Britain's wealthy to fund new social welfare programmes. It passed the House of Commons in 1909 but was blocked by the House of Lords for a year and became law in April 1910. It was championed by the Chancellor of the Exchequer, David Lloyd George, and his young ally Winston Churchill, who was then President of the Board of Trade and a fellow Liberal; called the "Terrible Twins" by certain Conservative contemporaries. Churchill's biographer, William Manchester,
George Lloyd, 1st Baron Lloyd every two months. Lord Lloyd married Blanche Lascelles, daughter of the Hon. Frederick Lascelles, in 1911. He died of myeloid leukaemia at a clinic in Marylebone, London, in February 1941, aged 61 and was buried at St Ippolyts, Hertfordshire. He was succeeded in the barony by his son, Alexander. Lady Lloyd died in December 1969, aged 89. He was known to be homosexual. "Lord Lloyd and the decline of the British Empire", John Charmley, Weidenfeld 1987 George Lloyd, 1st Baron Lloyd George Ambrose Lloyd, 1st Baron Lloyd, (19 September 1879 – 4 February 1941) was a British Conservative politician strongly