1975 Conservative Party (UK) leadership election cabinet members pledged their support for Heath including Jim Prior, Peter Carrington, Leader in the House of Lords, and Robert Carr, Shadow Chancellor. However Margaret Thatcher opted to stand, with Airey Neave as her campaign manager, as did backbencher Hugh Fraser. Even then many believed that Heath would win easily. Thatcher's support was seen as minimal, with all the Conservative daily newspapers backing Heath (although the weekly "The Spectator" backed Thatcher). As the election went on it became clear that the race was going to be much closer, as Thatcher became the clear candidate to be supported by discontented backbenchers.
History of the Conservative Party (UK) However, by the time the 2001 general election came he concentrated on Europe, asylum seekers and tax cuts whilst declaring that only the Conservative Party could "Save the Pound". Though a master debater who would regularly trounce Tony Blair in the Commons, his leadership tenure was beset by poor publicity and stumbles. Despite a low turnout, the election resulted in a net gain of a single seat for the Conservative Party and William Hague's resignation as party leader. The 2001 leadership election was conducted under a new leadership electoral system designed by Hague. This resulted in five candidates competing for