First Thatcher ministry May 1979. The Winter of Discontent had seen the Labour government's popularity slump during the previous four months, and the opinion polls all pointed towards a Conservative victory. The Tories won the election with a majority of 44 seats and their leader Margaret Thatcher became Britain's first female prime minister. Thatcher inherited some of the worst economic statistics of postwar Britain. The nation was still feeling the effects of the numerous strikes during the recent Winter of Discontent. Inflation had recently topped 20%, and unemployment was in excess of 1.5 million for the first time since the 1930s. Thatcher's monetarist
Margaret Thatcher returned to 10 Downing Street in late November 2009 for the unveiling of an official portrait by artist Richard Stone, an unusual honour for a living former Prime Minister. Stone was previously commissioned to paint portraits of the Queen and Queen Mother. On 4 July 2011, Thatcher was to attend a ceremony for the unveiling of a statue to Ronald Reagan, outside the US Embassy in London, but was unable to attend due to her frail health. She last attended a sitting of the House of Lords on 19 July 2010, and on 30 July 2011 it was announced that