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
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