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
First Thatcher ministry First Thatcher ministry Margaret Thatcher was Prime Minister of the United Kingdom from 4 May 1979 to 28 November 1990, during which time she led a Conservative government. She was the first woman to hold that office. During her premiership, Thatcher moved to liberalise the British economy through deregulation, privatisation, and the promotion of entrepreneurialism. This article details the first government Thatcher led at the invitation of Queen Elizabeth II from 1979 to 1983. Following the vote of no confidence against the Labour government and prime minister James Callaghan on 28 March 1979, a general election was called for 3