Premiership of Margaret Thatcher Premiership of Margaret Thatcher Margaret Thatcher served as Prime Minister of the United Kingdom from May 1979 to November 1990. She became Prime Minister after serving as Leader of the Conservative Party since 1975. In domestic affairs, Thatcher is best known for her sweeping policies concerning the affairs of the economy, including the privatisation of most nationalised industries. In foreign policy, she fought a war against Argentina and played a key role with President Ronald Reagan and Soviet leader Mikhail Gorbachev in ending the Cold War. By the late 1980s, she was alienating many senior members of her Cabinet by
Prime Minister of Australia Ben Chifley lived the least of all former prime ministers, as he died one year and six months after his term as prime minister. All other deceased former prime ministers have lived at least another 10 years, with the longest surviving former prime minister being Gough Whitlam, who lived 38 years and 11 months after office, surpassing Stanley Bruce's previous record of 37 years and 10 months. The youngest person to become prime minister was Chris Watson37, who was also 37 when he ceased being prime minister. The oldest person to become prime minister was John McEwen67 as an interim