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
British Columbia Conservative Party who was now in the anti-coalition faction, quit the party and crossed the floor to sit as a Social Credit League of British Columbia member and eventually formed the British Columbia Social Credit Party. In October 1951, the Liberal Party decided to dissolve the coalition; Premier Johnson dismissed his Conservative ministers including Anscomb and continued as a minority government. The Conservatives refounded their party calling themselves the "Progressive Conservatives" as the federal party had adopted the "Progressive" prefix in 1942. W. A. C. Bennett, a Member of the Legislative Assembly (MLA), ran for the leadership of the Tories and lost.