Second Thatcher ministry Second 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 second government Thatcher led at the invitation of Queen Elizabeth II from 1983 to 1987. The Conservative government was re-elected in June 1983 with a majority of 144 seats, with Labour in opposition having a mere 209 seats after its worst
Prime Minister of the United Kingdom senior order of chivalry, the Order of the Garter. The practice of creating a retired Prime Minister a Knight (or, in the case of Margaret Thatcher, a Lady) of the Garter (KG and LG respectively) has been fairly prevalent since the mid-nineteenth century. Upon the retirement of a Prime Minister who is Scottish, it is likely that the primarily Scottish honour of Knight of the Thistle (KT) will be used instead of the Order of the Garter, which is generally regarded as an English honour. Historically it has also been common for Prime Ministers to be granted a peerage upon