|
Thatcher's Premiership
Margaret Thatcher's term as the prime minister of the United Kingdom began on 4 May 1979 when she accepted an invitation of Queen Elizabeth II to form a government, and ended on 28 November 1990 upon her resignation. She was elected to the position in 1979, having led the Conservative Party since 1975, and won landslide re-elections in 1983 and 1987. She gained intense media attention as Britain's first female prime minister, and was the longest-serving British prime minister of the 20th century. Her premiership ended when she withdrew from the 1990 Conservative leadership election. In domestic policy, Thatcher implemented sweeping reforms concerning the affairs of the economy, eventually including the privatisation of most nationalised industries, as well as weakening of trade unions. She emphasised reducing the government's role and letting the marketplace decide in terms of the neoliberal ideas pioneered by Milton Friedman and Friedrich Hayek, promoted by her mentor Keit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Thatcher Ministry
Margaret Thatcher was Prime Minister of the United Kingdom from 4 May 1979 to 28 November 1990, during which time she led a Conservative Party (UK), Conservative majority government. She was the first woman to hold that office. During her premiership, Thatcher moved to Economic liberalization, liberalise the Economy of the United Kingdom, British economy through deregulation, Privatization, privatisation, and the promotion of Entrepreneurship, entrepreneurialism. This article details the first Thatcher ministry she led at the invitation of Queen Elizabeth II from 1979 to 1983. Formation Following the 1979 vote of no confidence in the Callaghan ministry, vote of no confidence against the Labour government and prime minister James Callaghan on 28 March 1979, a general election was called for 3 May 1979. The Winter of Discontent had seen the Labour government's popularity slump during the previous four months, and the opinion polls all pointed towards a Conservative victory. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
