Blair ministry the May 1997 election with a 179-seat majority. The Prime Minister Tony Blair, who turned 44 years old days after leading Labour to victory, was the youngest Prime Minister of the twentieth century. Blair quickly wiped away memories of the troubled Labour governments led by Harold Wilson and James Callaghan in the 1960s and 70's as the economic recovery continued and unemployment continued to fall. While other developed countries, notably Japan, were hit by a financial crisis during Blair's first term in office, the British economy remained strong. In September 2000, however, protests against fuel prices intensified across the country
Tony Blair was selected as the Labour Party candidate for the safe Conservative seat of Beaconsfield, where there was a forthcoming by-election. Although Blair lost the Beaconsfield by-election and Labour's share of the vote fell by 10 percentage points, he acquired a profile within the party. In contrast to his later centrism, Blair made it clear in a letter he wrote to Labour leader Michael Foot in July 1982 (published in 2006) that he had "come to Socialism through Marxism" and considered himself on the left. Like Tony Benn, Blair believed that "Labour right" was bankrupt: "Socialism ultimately must appeal to the