Third Thatcher ministry Third 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 third government Thatcher led at the invitation of Queen Elizabeth II from 1987 to 1990. The Conservatives were elected for a third successive term in June 1987, with a majority of 102 seats. It enabled Margaret Thatcher to become the longest-serving
Thatcher baronets Macmillan in 1984. The baronetcy was created by the Queen on the recommendation of Prime Minister John Major for Denis Thatcher, following the resignation of his wife Margaret Thatcher in November 1990. The Speaker of the House of Commons was pressed to allow a debate relating to the revival of hereditary titles, but referred MPs to "" and in particular to the guidance that "It has been ruled that the Prime Minister cannot be interrogated as to the advice that he may have given to the sovereign with regard to the grant of honours". Major told the Commons Public Administration