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
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