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The Honours (Prevention of Abuses) Act 1925 is an Act of the Parliament of the United Kingdom, that makes the sale of peerages or any other honours illegal. The act was passed by the Parliament in the wake of David Lloyd George's 1922 cash-for-honours scandal.
Well-substantiated allegations that titles were sold during David Lloyd George's premiership led to the passing of the Honours (Prevention of Abuses) Act 1925. In the second half of the 20th century the granting of hereditary peerages , other than to members of the Royal Family , virtually ceased, giving way to life peerages , which have been ...
David Lloyd George, 1st Earl Lloyd-George of Dwyfor [a] (17 January 1863 – 26 March 1945) was Prime Minister of the United Kingdom from 1916 to 1922. A Liberal Party politician from Wales, he was known for leading the United Kingdom during the First World War, for social-reform policies, for his role in the Paris Peace Conference, and for negotiating the establishment of the Irish Free State.
At a public meeting in Liverpool, Grayson accused Lloyd George of selling honours for between £10,000 and £40,000. He declared: "This sale of honours is a national scandal. It can be traced right down to 10 Downing Street, and to a monocled dandy with offices in Whitehall. I know this man, and one day I will name him."
A series of newspaper articles alleged a donor to The Prince’s Foundation was offered help securing a knighthood.
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David Lloyd George hired him as a broker to gather funding for the United Constitutional Party Lloyd George was planning to form. At the time, prices for honours ranged from £10,000 [11] (over £400,000 in 2023 [12]) for a knighthood to £40,000 (2023 £1.6 million) for a baronetcy.
Examining a play-by-play of the strangest scandal to hit DC in recent memory