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
Premiership of Tony Blair the only Labour Prime Minister to have led the party to victory since 1974, and—having led the party to three consecutive general election victories—also the only Labour Prime Minister to serve two full consecutive terms. Blair is both credited with and criticised for moving the Labour Party towards the centre of British politics, using the term "New Labour" to distinguish his pro-market policies from the more socialist policies which the party had espoused in the past. In domestic government policy, Blair significantly increased public spending on healthcare and education while also introducing controversial market-based reforms in these areas. In addition,