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
Death and funeral of Margaret Thatcher British prime ministers who drew on a scholarship that demanded markets without regulation" and that "her key role in signing the Anglo-Irish Agreement will be recalled as a valuable early contribution to the search for peace and political stability". Sinn Féin leader Gerry Adams castigated Thatcher for "the great hurt done to the Irish and British people during her time as British prime minister", adding: "Here in Ireland, her espousal of old draconian militaristic policies prolonged the war and caused great suffering". Australian Prime Minister Julia Gillard expressed admiration for Thatcher's achievements as a woman. New Zealand Prime Minister John