Margaret Thatcher that Foreign Secretary James Callaghan warned his fellow Labour Cabinet members in 1974 of the possibility of "a breakdown of democracy", telling them: "If I were a young man, I would emigrate." In mid-1978, the economy began to recover and opinion polls showed Labour in the lead, with a general election being expected later that year and a Labour win a serious possibility. Now Prime Minister, Callaghan surprised many by announcing on 7 September that there would be no general election that year and he would wait until 1979 before going to the polls. Thatcher reacted to this by branding
Denis Thatcher from 1983 to January 1994, a director of Quinton Hazell from 1968 to 1998, and a consultant to AMEC plc and CSX Corp. He was also a non-executive director of retail giant Halfords during the 1980s. His wife's biographer concludes that: Thatcher refused press interviews and made only brief speeches. When he did speak to the press, he called his wife "The Boss". She often acknowledged her husband's support. In her autobiography, Margaret wrote: "I could never have been Prime Minister for more than 11 years without Denis by my side." Thatcher saw his role as helping her survive the