Second Thatcher ministry the Cabinet are in bold face. Second 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 second government Thatcher led at the invitation of Queen Elizabeth II from 1983 to 1987. The Conservative government was re-elected in June 1983 with a majority of 144 seats, with Labour in opposition having a
Margaret Thatcher had been badly misinterpreted, arguing that race was never an important focus of Thatcherism. Throughout her premiership, both major parties took similar positions on immigration policy, having in 1981 passed the British Nationality Act with bipartisan support. There were no policies passed or proposed by her government aimed at restricting immigration, and the subject of race was never highlighted by Thatcher in any of her major speeches as Prime Minister. Many of Thatcher's policies had an influence on the Labour Party, which had returned to power in 1997 under Tony Blair. Blair rebranded the party "New Labour" in 1994 with