History of the Conservative Party (UK) holding a leadership election to allow him to renew his mandate. In spite of his track record as Conservative party leader, which had included defeat at three out of four general elections, few both inside and out of the party expected him to be seriously challenged, let alone defeated. However, Margaret Thatcher stood against Heath and in a shock result outpolled him on the first ballot, leading him to withdraw from the contest. Thatcher then faced off four other candidates to become the first woman to lead a major British political party. Thatcher had much support from the monetarists, led
History of the Conservative Party (UK) over both Reginald Maudling and Enoch Powell. The party proceeded to lose the 1966 general election. Heath's leadership proved controversial, with frequent calls from many prominent party members and supporters for him to step down, but he persevered. To the shock of almost everyone bar Heath, the party won the 1970 general election. As with all British governments in this period, Heath's time in office was difficult. Furthermore, the Heath premiership remains one of the most controversial in the history of the party. Initial attempts to follow monetarist policies (later considered "Thatcherite") failed, with high inflation and unemployment blocking Heath's