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
1997 Conservative Party (UK) leadership election 1997 Conservative Party (UK) leadership election The 1997 Conservative Party leadership election was triggered in the British Conservative Party when John Major resigned on 2 May 1997, following his party's landslide defeat at the 1997 general election, which ended 18 years of Conservative Government of the United Kingdom. Major had been Conservative leader and Prime Minister since November 1990. The following candidates announced their intention to stand: In the months before the general election a number of other prominent Conservatives were talked about as potential leaders; however, several failed to hold their seats in the general election including the following: