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
Margaret Thatcher was elected Member of Parliament for Finchley in 1959. Edward Heath appointed her Secretary of State for Education and Science in his Conservative government. In 1975, Thatcher defeated Heath in the Conservative Party leadership election to become Leader of the Opposition, the first woman to lead a major political party in the United Kingdom. She became Prime Minister after winning the 1979 general election. Thatcher introduced a series of economic policies intended to reverse high unemployment and Britain's struggles in the wake of the Winter of Discontent and an ongoing recession. Her political philosophy and economic policies emphasised deregulation (particularly