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 form of election: It has been suggested by some that the hereditary peerage ought to be restored to the House of Lords. The Parliament Acts 1911 and 1949 are particularly cited by proponents of this idea in that the House of Lords no longer has power of veto, merely a power of delay, making the assertion of democratic accountability being required for legislators redundant, in their eyes, as the Lords has no power to force its will upon the House of Commons. Many hereditary members of the Lords were suggested to have voted on legislation through matters of conviction as