Malcolm Newton Shepherd, 2nd Baron Shepherd, Baron Shepherd of Spalding, was a British Labour politician and peer who served as Leader of the House of Lords under Harold Wilson and James Callaghan and member of the Privy Council of the United Kingdom.

The leader of the House of Lords is a member of the Cabinet of the United Kingdom who is responsible for arranging government business in the House of Lords. The post is also the leader of the governing party in the House of Lords who acts as the government party chairperson in the house. The role is always held in combination with a formal Cabinet position, usually one of the sinecure offices of Lord President of the Council, Lord Keeper of the Privy Seal or Chancellor of the Duchy of Lancaster. Unless the Leader is also a departmental minister, being Leader constitutes the bulk of their government responsibilities, but it has never been an independent salaried office. The Office of the Leader of the House of Lords is a ministerial department.