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,
E. S. Lloyd E. S. Lloyd Ernest Sampson Lloyd (26 May 1870 – 7 August 1945) was an Indian civil servant who served as the President of Madras Corporation from 1906 to 1910. Lloyd's Road in Chennai, India is named after him. Born in England, Lloyd was born in Wednesbury on 26 May 1870 and educated at Clifton College and Lincoln College, Oxford. He passed the Indian civil service examinations of 1893 and was appointed to the Madras cadre. Lloyd married Mary Young at Droitwich on 8 June 1899 and had three sons - William Anthony Sampson Lloyd, Philip Montague Lloyd and Charles