Third Thatcher ministry Third Thatcher ministry Margaret Thatcher was Prime Minister of the United Kingdom from 4 May 1979 to 28 November 1990, during which time she led a Conservative government. She was the first woman to hold that office. During her premiership, Thatcher moved to liberalise the British economy through deregulation, privatisation, and the promotion of entrepreneurialism. This article details the third government Thatcher led at the invitation of Queen Elizabeth II from 1987 to 1990. The Conservatives were elected for a third successive term in June 1987, with a majority of 102 seats. It enabled Margaret Thatcher to become the longest-serving
Diana Gould – Margaret Thatcher exchange the Falklands, but Thatcher avoided repeating that it had not. She said the full facts would be published in about 30 years, adding: "I think it could only be in Britain that a Prime Minister was accused of sinking an enemy ship that was a danger to our navy, when my main motive was to protect the boys in our navy." Gould suggested the sinking had put an end to a Peruvian peace proposal, but according to Thatcher, the proposal had not arrived in London until after the sinking. At several points the women clearly became irritated with one another.