Margaret Thatcher not shared by others in her Cabinet. She resigned as Prime Minister and party leader in November 1990, after Michael Heseltine launched a challenge to her leadership. After retiring from the Commons in 1992, she was given a life peerage as Baroness Thatcher (of Kesteven in the County of Lincolnshire) which entitled her to sit in the House of Lords. In 2013, she died of a stroke in London at the age of 87. Always a controversial figure, she is nonetheless viewed favourably in historical rankings of British prime ministers, and her tenure constituted a realignment towards neoliberal policies in
Statue of Margaret Thatcher (Palace of Westminster) the Speaker of the House of Commons, Rt Hon. Michael Martin MP. During a speech at the unveiling, Baroness Thatcher, nicknamed "The Iron Lady" during her tenure as Prime Minister, said, "I might have preferred iron, but bronze will do. It won't rust. And, this time I hope, the head will stay on." The beheading comment was in reference to a previous statue of Thatcher which was vandalised through decapitation whilst on loan to London's Guildhall Art Gallery. After its erection, the statue was compared unfavourably with other statues due to its height as it is only around taller than