history and politics

May 2019








Ian Ivatt

In this important and pioneering study, Ian Ivatt has focussed his attention on a key theme rather neglected by historians and biographers of Lloyd George – his relationship with money and financial resources... [these] compelling, engrossing themes, central to an understanding of Lloyd George's life, are  dissected with a masterly touch by Mr. Ivatt.  He has spared no effort to  master the ever burgeoning published literature on David Lloyd George, has waded through the various scattered archival sources and scoured the newspaper columns too. He has also conducted personal interviews and undertaken research on the ground. All his enthralling discoveries have been deftly welded into a cohesive, absorbing account

J. Graham Jones, from the Foreword

David Lloyd George, was a immensely colourful, controversial and enigmatic character who dominated the political life of Britain in the opening decades of the twentieth century.

Famously described by Churchill as 'the greatest Welshman that unconquerable race has produced since the age of the Tudors’, Lloyd George’s political legacy is considerable and includes the introduction of a ‘welfare state’ whilst as Chancellor of the Exchequer, and as an effective and successful Prime Minister during the Great War. He was also however, implicated in a number of personal  scandals relating to his great duel loves; women and money.

The Financial Affairs of David Lloyd George is the first serious and systematic study to examine, assess and analyse Lloyd George’s attitude to money and finance and compellingly illustrates how he accumulated great wealth by fair and more questionable methods.

The product of many year’s forensic research, author and accountant Ian Ivatt tells the intriguing story of how the man, who started work at 15 as a trainee solicitor's clerk in Porthmadog, earning a mere 15 shillings (less than £40), died in 1945 leaving an estate valued at £139,855 (£6.5 million).

Ian Ivatt is a retired tax accountant. His articles on the Liberal Party have been published in the Journal of Liberal History and he has also written a number of local history books relating to Sussex.

1. 1863–1888: A Lawyer in the Making
2. 1888–1904: The New Member of Parliament, Gold and Boers
3. 1905–1916: The Marconi Share Scandal and the Premiership
4. 1916–1922:
New Sources of Income
5. 1923–1930:
The mysterious Lloyd George Fund
6. 1931–1945:
Finances in Retirement
7. 1888–1972:

Appendix 1 - Comparative Money Values
Appendix 2 - Lloyd George’s Life Assurance Particulars
Appendix 3 - The Lloyd George Family Meeting in 1926 - Summary
Appendix 4 - Dame Margaret Lloyd George financial background
Appendix 5 - Lloyd George's 1943 Will and (1944) Beneficiaries
Appendix 6 - Churt Estate (Jumps) Valuation Details of 1935 Including Map and Rented Tenancies
Appendix 7 - Inland Revenue District Valuers' Letter of 13 July 1945 and List of Estate Properties and Certain Household Furnishing Values at Bron-y-De, July 1945
Appendix 8 - Copy of Letter from Former Land Girl at the Churt Estate, Mrs. Gwynne Chuter.

Also of interest

The Welsh Liberals

The History of the Scottish National Party

Mebyon Kernow
and Cornish Nationalism