Prime Minister of the United Kingdom retirement from the Commons, which elevates the individual to the House of Lords. Formerly, the peerage bestowed was usually an earldom, with Churchill offered a dukedom. From the 1960s onward, life peerages were preferred, although in 1984 Harold Macmillan was created Earl of Stockton. Sir Alec Douglas-Home, Harold Wilson, James Callaghan and Margaret Thatcher accepted life peerages, although Douglas-Home had previously disclaimed his hereditary title as Earl of Home. Edward Heath did not accept a peerage of any kind and nor have any of the Prime Ministers to retire since 1990; although Heath and Major were later appointed as Knights
Malaysian economic policy under Prime Minister Najib stimulus packages, because every time we introduce a stimulus package it increases the deficit and it cannot be done on a sustained basis," said Najib who went on to describe stimulus as a last resort. Malaysian economic policy under Prime Minister Najib Malaysian economic policy under Prime Minister Najib marks a significant shift away from the state-oriented economic programmes of past governments. On 2 May 2009, Prime Minister Najib Tun Razak announced the government's plan to develop a new economic model that will speed Malaysia's transition to a high income country. The plan will emphasise ways to increase the income