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
Harold Wilson 1976, Wilson announced his resignation as Prime Minister (taking effect on 5 April 1976). He claimed that he had always planned on resigning at the age of 60, and that he was physically and mentally exhausted. As early as the late 1960s, he had been telling intimates, like his doctor Sir Joseph Stone (later Lord Stone of Hendon), that he did not intend to serve more than eight or nine years as Prime Minister. Roy Jenkins has suggested that Wilson may have been motivated partly by the distaste for politics felt by his loyal and long-suffering wife, Mary. His doctor