David Lloyd George storm when the Conservatives, with covert support from the First Sea Lord, Admiral Jackie Fisher, campaigned for more with the slogan "We want eight and we won't wait". This resulted in Lloyd George's defeat in Cabinet and the adoption of estimates including provision for eight dreadnoughts. In 1909, Lloyd George introduced his People's Budget, imposing a 20% tax on the unearned increase in value of land, payable at death of the owner or sale of the land, and ½ d. on undeveloped land and minerals, increased death duties, a rise in income tax, and the introduction of Supertax on income
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