1933 Liverpool Exchange by-election

The seat had become vacant on 12 December 1932 when the Conservative Member of Parliament (MP), Sir James Reynolds died at the age of 67.

The Conservative candidate was 60-year-old John Shute, who had not previously contested a parliamentary election.

The Labour Party selected Sydney Silverman, a 37-year-old solicitor who had been imprisoned as a conscientious objector during World War I.

The Liberal Party had not contested the seat for many years and did not field a candidate in the by-election.

On a reduced turnout, the result was a victory for the Conservative candidate, John Shute, with 55% of the votes, a majority significantly below that of his predecessor in 1931.