Tory! Tory! Tory! as it prevented Powell from taking control of the party. Heath had attempted to reduce the power of the trade unions but was eventually beaten by the strikers. Following the February 1974 election defeat former Health Minister Keith Joseph turned against Heath and his neo-Keynesian policies to become a champion of free market economics but lost his position and influence after his controversial "human stock" speech. Joseph's close friend and ally, Margaret Thatcher, put herself forward as the free market candidate in the subsequent leadership election and won a surprising victory. Jay met with Thatcher at a dinner where he
Edward Heath Edward Heath Sir Edward Richard George Heath (9 July 1916 – 17 July 2005), often known as Ted Heath, was a British politician who served as Prime Minister of the United Kingdom from 1970 to 1974 and Leader of the Conservative Party from 1965 to 1975. He was a strong supporter of the European Communities (EC), and after winning the decisive vote in the House of Commons by 336 to 244, he led the negotiations that culminated in Britain's entry into the EC on 1 January 1973. It was, says biographer John Campbell, "Heath's finest hour". Although he planned to