thatchers downfall

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Last updated 8:50 AM on 10/9/26
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4 Terms

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the fall of thatcher and her legacy

1986: stock market crashed following “big bang”

1986: deregulation of city

1988: chancellor (nigel lawson) budget led to “lawson boom” resulted in balance of payment crisis

oct 1990: loss of Eastbourne seat to liberals led to fear in conservative party

thatcher ignored advice about poll tax

march 1990: conservative party popularity in opinion polls fell

1990: kinnock strengthened labour

Sir Geoffery Howe resigned from govt: Heseltine challenged Thatcher

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inflation 1990

1990: inflation at 10.9%

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Thatcher legacy

  • polarise opinion about whether changes were better

  • remained important influence on conservative party


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Heseltine challenging Thatcher

Thatcher: 204 of 372 votes

Heseltine: 152

Thatcher 4 votes short of 56 majority required so resigned