Premiership of Margaret Thatcher that Thatcher proceed cautiously in working with black communities because she believed they gave cannabis to babies. 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
Premiership of Margaret Thatcher by Third World leaders, including Indian Prime Minister Rajiv Gandhi and Malaysian Prime Minister Mahathir Mohamad, that her opposition threatened to break up the 49-nation Commonwealth. In return, calls for a total embargo were abandoned, and the existing restrictions adopted by member states against South Africa were lifted. ANC president Tambo expressed disappointment at this major compromise. Hong Kong was ceded to the British Empire following the First Opium War and in 1898 Britain obtained a 99-year lease on the territory. In 1984 Thatcher visited China with a view to resolve the difficulties that would inevitably be encountered as Hong