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,
Frances Lloyd George Frances Lloyd George Frances Lloyd George, Countess Lloyd-George of Dwyfor, (7 October 1888 – 5 December 1972) was the mistress, personal secretary, confidante and second wife of British Prime Minister David Lloyd George. Frances Louise Stevenson was born in London. She was the daughter of a Lowland Scottish father and a mother of mixed French and Italian extraction. She was educated at Clapham High School, where in the fifth form she had made friends with Mair, Lloyd George's oldest daughter, and Royal Holloway College, where she graduated with a Classics degree in 1910. In July 1911 Lloyd George, then Chancellor