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,
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