11 fev 1975 ano - Thatcher became leader of Conservative leader

Descrição:

Thatcher came from a prosperous background despite the misleading "lower-middle-class" label, with her parents being able to pay school fees. additionally, she was a wife of a millionaire who trained her as a barrister.
Her policies involved:
Free markets,
Monetarism,
Privatisation,
Cuts in public spending
Cuts in taxes
Emphasising individuals, not groups.

The Conservative party was full of people who's careers centered around Heath and his predecessors. They did not warm up to Thatcher and her beliefs. However she was not politically strong enough to remove all 'wets'.