Interpretations B and C both focus on the People’s Budget of 1909. How far do they differ and
Interpretation C – An extract from the website Liberal History which is run by members of the Liberal Democrat Party to promote the history of their party. The Liberal Democrats were formed when the Liberal Party merged with the Social Democratic Party in 1988.
The Budget was important because it allowed the House of Commons to achieve a lasting victory over the House of Lords with the 1911 Parliament Act. Historians have, however, largely rejected the view that the Budget was deliberately drafted by Lloyd George with the aim of provoking the House of Lords into rejecting it. The real aim of the Budget was to give the Liberals the financial means to press ahead with its planned social reforms, which formed the first foundations of Britain’s welfare state. In this it was a huge success, raising much more money than estimates had predicted.