Most of the major British political parties today accept the trade union legislation, privatisations and general free market approach to government that Thatcher's governments installed. Before 2010, no major political party in the United Kingdom had committed to reversing the Thatcher government's reforms of the economy, although in the aftermath of the Great Recession from 2007 to 2012, the then Labour Party leader Ed Miliband had indicated he would support stricter financial regulation and industry-focused policy in a move to a more mixed economy. Although Miliband was said by the "Financial Times" to have "turned his back on many of New Labour's tenets, seeking to prove that an openly socialist party could win the backing of the British electorate for the first time since the 1970s", in 2011 Miliband had declared his support for Thatcher's reductions in income tax on top earners, her legislation to change the rules on the closed shop and strikes before ballots, as well as her introduction of Right to Buy, saying Labour had been wrong to oppose these reforms at the time.