1989 Conservative Party (UK) leadership election and the Labour lead in the opinion polls mounted into double digits, Thatcher resigned as party leader and Prime Minister after a further contest in November 1990. 1989 Conservative Party (UK) leadership election The 1989 Conservative Party leadership election took place on 5 December 1989. The incumbent Margaret Thatcher was opposed by the little-known 69-year-old backbencher MP Sir Anthony Meyer. It was the Conservative Party's first leadership election for nearly 15 years, when Thatcher had taken the party leadership. During 1989 the Conservative government led by Thatcher had run into difficulties. The Chancellor of the Exchequer, Nigel Lawson, had resigned
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