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
Premiership of Margaret Thatcher 1989, Lawson and Foreign Secretary Geoffrey Howe forced Thatcher to agree to the circumstances under which she would join the Exchange Rate Mechanism. At the meeting, they both threatened they would resign if their demands were not met. Thatcher responded by moving Howe to Leader of the House of Commons (despite giving him the title Deputy Prime Minister he was now effectively removed from decision-making over Europe) and by listening more to her adviser Sir Alan Walters on economic matters. Lawson resigned that October, feeling that Thatcher had undermined him. Thatcher continued to be the leading international advocate of a