1975 Conservative Party (UK) leadership election a major British political party. 1975 Conservative Party (UK) leadership election The 1975 Conservative Party leadership election was held in February 1975, in which the party's sitting MPs voted Margaret Thatcher as party leader on the second ballot. Previous leader Edward Heath stood aside after the first ballot, in which he unexpectedly finished behind Thatcher. The Conservatives were the official Opposition to the Labour government, so Thatcher also became Leader of the Opposition. Edward Heath, leader of the Conservative Party and Prime Minister had called and unexpectedly lost the February 1974 general election. Although the Labour Party were able only
Edward Heath Trade and Secretary of State for Industry, Trade and Regional Development, and oversaw the abolition of retail price maintenance. After the Conservative Party lost the general election of 1964, the defeated Home changed the party leadership rules to allow for a ballot by MPs, and then resigned. The following year, Heath—who was Shadow Chancellor at the time, and had recently won favourable publicity for leading the fight against Labour's Finance Bill—unexpectedly won the party's leadership contest, gaining 150 votes to Reginald Maudling's 133 and Enoch Powell's 15. Heath became the Conservatives' youngest leader and retained office after the party's defeat