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 Butler Lloyd Cemetery in Longden Road. George Butler Lloyd George Butler Lloyd (8 January 1854-28 March 1930) was a British banker and Liberal Unionist politician. He was the eldest son of William Butler Lloyd (1825-1874), a banker, of Monkmoor Hall, Shrewsbury, and Preston Montford, Shropshire, and his wife Jane Amelia, who was fifth daughter of the Reverend George Hunt of Wivenhoe, Northamptonshire, and sister of George Ward Hunt, who became a cabinet minister under Benjamin Disraeli. He was born at Monkmoor Hall in 1854, and was educated at Marlborough College and St John’s College, Cambridge. He entered his family's banking firm of