Prime Minister of the United Kingdom retirement from the Commons, which elevates the individual to the House of Lords. Formerly, the peerage bestowed was usually an earldom, with Churchill offered a dukedom. From the 1960s onward, life peerages were preferred, although in 1984 Harold Macmillan was created Earl of Stockton. Sir Alec Douglas-Home, Harold Wilson, James Callaghan and Margaret Thatcher accepted life peerages, although Douglas-Home had previously disclaimed his hereditary title as Earl of Home. Edward Heath did not accept a peerage of any kind and nor have any of the Prime Ministers to retire since 1990; although Heath and Major were later appointed as Knights
Prime Minister of the United Kingdom government was led by Labour Prime Minister Harold Wilson for eight months after the February 1974 general election produced a hung parliament. In the October 1974 general election, the Labour Party gained 18 seats, giving Wilson a majority of three. A hung parliament may also lead to the formation of a coalition government in which two or more parties negotiate a joint programme to command a majority in the Commons. Coalitions have also been formed during times of national crisis such as war. Under such circumstances, the parties agree to temporarily set aside their political differences and to unite to