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,
Lloyd George ministry Lloyd George ministry Liberal David Lloyd George formed a coalition government in the United Kingdom in December 1916, and was appointed Prime Minister of the United Kingdom by King George V. It replaced the earlier wartime coalition under H. H. Asquith, which had been held responsible for losses during the Great War. Those Liberals who continued to support Asquith served as the Official Opposition. The government continued in power after the end of the war in 1918, though Lloyd George was increasingly reliant on the Conservatives for support. After several scandals including allegations of the sale of honours, the Conservatives