I think probably the majority of the British public that cares about such things would agree that the House Of Lords needs reform, but the right wing Conservative end of the current administration disagrees.
Nevertheless the House is a long way away from being a general "hereditary & inbred thing". As previously mentioned, only 12% of the current House have hereditary peerages, which is only going to reduce from now on. The majority of the current House are appointed Lords from business, industry, finance, sport and the arts, where incest is hardly a mainstream issue.
Outside of the House, there are other Lords in the judiciary branch and other areas of public service, but by and large they're just titles that goes with the job, so of no concern to anyone. And there are some other hereditary titles that don't sit in the House or in public service, but no one much cares about them, they're just dusty old relics.
But none of this is relevant to Apple or British law, and is just more xenophobia to fuel the Apple apologist engine.