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,
Gwilym Lloyd George Gwilym Lloyd George Gwilym Lloyd George, 1st Viscount Tenby, (4 December 1894 – 14 February 1967) was a British politician and cabinet minister. A younger son of Prime Minister David Lloyd George, he served as Home Secretary from 1954 to 1957. Born at Criccieth in north Wales, Lloyd George was the second son of Liberal Prime Minister David Lloyd George and his first wife, Margaret, daughter of Richard Owen. His sister Megan was also active in politics, but the two moved in opposite political directions – Gwilym to the right, towards the Conservatives, and Megan to the left, eventually joining