Premiership of Margaret Thatcher the June 1983 general election, the Conservatives won 42.4% of the vote, the Labour Party 27.6% and the Alliance 25.4% of the vote. Though the gap between Labour and the Alliance was narrow in terms of votes, the Alliance vote was scattered and they won only a fraction of the seats that Labour held, with its concentrated base. The Conservatives' share of the vote fell slightly (1.5%) since 1979. Labour's vote had fallen by far more (9.3%) and the Conservatives now had an overall majority of 144 MPs. Thatcher was Prime Minister during what "The Guardian" described as "the worst
Margaret Thatcher mind. Upon leaving the House of Commons, Thatcher became the first former Prime Minister to set up a foundation; the British wing of the Margaret Thatcher Foundation was dissolved in 2005 due to financial difficulties. She wrote two volumes of memoirs, "The Downing Street Years" (1993) and "The Path to Power" (1995). In 1991 she and her husband Denis moved to a house in Chester Square, a residential garden square in central London's Belgravia district. Thatcher was hired by the tobacco company Philip Morris as a "geopolitical consultant" in July 1992, for $250,000 per year and an annual contribution of