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 the only democratic members of the House. In 1999 a Royal Commission was appointed, under Lord Wakeham, to examine proposals for Lords Reform and make recommendations. It published its report (See Wakeham Report) in 2000 with 132 recommendations of which the main were: In a debate in the House of Lords on 7 March 2000, Baroness Jay expressed the Government's broad acceptance of the Commission's report: The Government accept the principles underlying the main elements of the Royal Commission's proposals on the future role and structure of this House, and will act on them. That is, we agree that the