 Fitzmaurice chose not to stand in the 1906 General Election, and was instead raised to the peerage as Baron Fitzmaurice, of Leigh in the County of Wiltshire.He remained at the Foreign Office after Asquith became Prime Minister in April 1908 and was admitted to the Privy Council the same month.In October 1908 he was appointed Chancellor of the Duchy of Lancaster, with a seat in the Cabinet.