Woolsack Woolsack The Woolsack is the seat of the Lord Speaker in the House of Lords, the Upper House of the Parliament of the United Kingdom. In the 14th century King Edward III (1327–1377) commanded that his Lord Chancellor whilst in council should sit on a wool bale, now known as "The Woolsack", in order to symbolise the central nature and huge importance of the wool trade to the economy of England in the Middle Ages. Indeed, it was largely to protect the vital English wool trade routes with continental Europe that the Battle of Crécy was fought with the French
Reform of the House of Lords present Parliament due to a failure of cross-party discussions. On 26 April 2001 the Queen confirmed her intention to create 15 new non-party-political members of the House of Lords termed "People's Peers". In the May 2001 general election, all three main parties included statements on House of Lords reform in their manifestos. On 7 November 2001, the government launched a white paper and consultation stating: A credible and effective second chamber is vital to the health of Britain's democracy ... The Government is determined to proceed with this wider reform of the House of Lords. The Royal Commission offered an