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
Thatcher baronets Thatcher baronets The Thatcher baronetcy, of Scotney in the County of Kent, is a baronetcy created for the husband of Margaret Thatcher, Denis Thatcher, on 7 December 1990 following the resignation of his wife on 28 November. The current holder is Mark Thatcher, who succeeded his father in 2003. It is the only baronetcy to have been granted since 1964 (as of ) and is one of only three extant hereditary titles awarded outside the British royal family since 1965, the other being the Earldom of Stockton and Viscountcy Macmillan of Ovenden, both conferred on former Conservative Prime Minister Harold