First Thatcher ministry took place. Members of the Cabinet are in bold face. 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
Denis Thatcher a Commonwealth Heads of Government Meeting, asking "So, what do you think the fuzzy wuzzies are up to?" In December 1990, following the resignation of his wife as Prime Minister, it was announced that Denis Thatcher would be created a baronet (the first such creation since 1964). The award was gazetted in February 1991, giving his title as Sir Denis Thatcher, 1st Baronet, of Scotney in the County of Kent. Thus Margaret was entitled to style herself Lady Thatcher while retaining her seat in the House of Commons; however she made it known that she preferred to be addressed as