Summary: A Chronology of the Thatcher Era 1979-90

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4th September 2015
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A Chronology of the Thatcher Era 1979-90

1979-83: Prime Minister – first term

79 May 04 Fr: MT appointed Prime Minister
79 Jun 07 Th: European Elections
79 Jul 31 Tu: Lusaka Commonwealth Meeting began (ended 8 Aug)
79 Aug 27 Mo: IRA murdered Mountbatten and 18 soldiers (Warrenpoint)
79 Oct 23 Tu: Exchange controls abolished
79 Nov 29-30: Dublin European Council: budget row beginning
79 Dec 25 Tu: USSR invaded Afghanistan
80 Jan 02 We: Steel strike began (ended 3 Apr)
80 Jun 02 Mo: Cabinet agreed European budget proposal; short-term settlement
80 Sep 22 Mo: Iran-Iraq war began
80 Nov 04 Tu: Reagan elected US President
81 Feb 10 Tu: NCB announced pit closures (abandoned 18 Feb)
81 Mar 01 Su: Second Republican hunger strike began (ended 3 Oct)
81 Mar 10 Tu: Budget: counter-Keynesian – increased taxes at bottom of depression
81 Mar 26 Th: Social Democratic Party (SDP) formed (‘Alliance’ of SDP & Liberals, 16 Jun)
81 Nov 26 Th: Crosby by-election: Shirley Williams won Conservative seat for SDP
82 Apr 02 Fr: Falklands: Argentina invaded
82 Apr 03 Sa: Falklands: UN SCR 502 demanding Argentine withdrawal; British Task Force sailed
82 Apr 25 Su: Falklands: South Georgia recaptured
82 Apr 30 Fr: Falklands: US ’tilt’ in favour of Britain; Total Exclusion Zone put in force
82 May 02 Su: Falklands: Argentine cruiser General Belgrano sunk by British sub HMS Conqueror
82 May 04 Tu: Falklands: HMS Sheffield hit by Argentine Exocet missile
82 May 21 Fr: Falklands: British Forces landed at San Carlos Bay
82 Jun 14 Mo: Falklands: Argentine surrender
83 Mar 23 We: Reagan announced ‘Star Wars’ (Strategic Defence Initiative); MT supports
83 Jun 09 Th: General Election: Conservative Government formed (144 majority)

1983-87: Prime Minister – second term

83 Nov 25 Tu: US invasion of Grenada
84 Mar 12 Mo: Miners’ strike began
84 Jun 25-26: Fontainebleau European Council; long-term European budget settlement
84 Oct 12 Fr: Brighton bomb: failed IRA attempt to assassinate MT and her cabinet
84 Nov 06 Tu: Reagan reelected US President
84 Nov 20 Tu: Flotation of British Telecom: key privatisation measure
84 Dec 16 Su: Gorbachev visited Chequers: MT described him as a man she could do business with
84 Dec 19 We: Hong Kong: MT signed Joint Agreement with China
85 Mar 03 Su: NUM voted to end coal strike
85 Nov 15 Fr: Anglo-Irish Agreement signed at Hillsborough: consultative role for Republic
85 Dec 02 Mo: Luxembourg European Council; Single European Act agreed (ended 3 Dec)
86 Jan 09 Th: Westland: Heseltine walked out of cabinet; replaced at Defence by George Younger
86 Jan 24 Fr: Westland: Brittan resigned; Channon replaced him at DTI
86 Jan 27 Mo: Westland: emergency debate, ending the crisis
86 Apr 15 Tu: US air raids on Libya, mainly from British bases; MT attacked for allowing them
86 Oct 11-12: Reykjavik (Reagan-Gorbachev) Summit; talk of abolishing nuclear weapons
86 Nov 15 Sa: Anglo-US Summit at Camp David: MT and Reagan issued arms control statement
87 Feb 22 Su: ‘Louvre Accord’ to halt decline in $; Lawson secretly began shadowing DM
87 Mar 28 Sa: MT visited USSR (ended 1 Apr)
87 Jun 11 Th: General Election: Conservative Government formed (101 majority)

1987-90: Prime Minister – third term

87 Oct 19 Mo: ‘Black Monday’: Dow Jones fell 23 per cent
88 Feb 08 Mo: Gorbachev announced Soviet withdrawal from Afghanistan from May
88 Mar 07 Mo: Sterling ‘uncapped’ on MT’s insistence and rose above 3DM
88 Mar 15 Tu: Budget: highest rate of income tax cut to 40 per cent
88 May 17 Tu: Interest rates cut to 7.5 per cent (lowest 1979-90); MT publicly supported Lawson
89 Jan 31 Tu: NHS White Paper published (Working for Patients)
89 Jun 03 Sa: China: Tiananmen Square massacre
89 Jun 20 Tu: MT clash with Howe and Lawson on ERM line at Madrid Council (met again 25 Jun)
89 Jun 26 Mo: MT set conditions for ERM entry (‘Madrid conditions’); rejected Social Charter
89 Oct 26 Th: Lawson resigned as Chancellor of the Exchequer; Major replaced him
89 Dec 10 Su: Czechoslovakia: end of Communist rule (Havel President 29 Dec)
89 Dec 22 Fr: Romania: dictator Ceausescu overthrown (killed 25 Dec)
90 Feb 10 Sa: Kohl in Moscow: Gorbachev agreed German reunification
90 Mar 11 Su: Lithuania declared independence of USSR
90 Mar 31 Sa: Trafalgar Square riot against Community Charge or ‘poll tax’
90 Apr 01 Su: Strangeways prison siege (ended 25 Apr); disturbances in other gaols
90 Jul 14 Sa: Ridley resigned over comments on Germany
90 Aug 02 Th: Iraq invaded Kuwait; MT with Bush in Aspen
90 Aug 09 Th: UK announced commitment of forces to the Gulf
90 Oct 03 We: German reunification
90 Oct 05 Fr: Britain joined ERM; interest rates cut by one per cent to 14 per cent
90 Nov 01 Th: Howe resigned
90 Nov 13 Tu: HC: Howe’s resignation speech bitterly critical of MT
90 Nov 14 We: Heseltine stood for Conservative leadership
90 Nov 20 Tu: Conservative leadership election first ballot (MT 204:152 Heseltine)
90 Nov 22 Th: MT announced decision not to contest second ballot
90 Nov 27 Tu: Conservative leadership election second ballot; Major became leader
90 Nov 28 We: MT resigned as Prime Minister; John Major succeeded her
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