Thatchers Second Term the 1983 election and privatisation

Thatcher’s Second Term: the 1983 election and privatisation Aim- to assess why Thatcher won the 1983 election and what impact privatisation had What does this source suggest about why Thatcher won the general election?

Thatcher’s Second Term: the 1983 election and privatisation Aim- to assess why Thatcher won the 1983 election and what impact privatisation had Why did Thatcher win the general election? http: //www. youtube. com/watch? v=7 no. Hk. La. Z 5 VI What was the role of the media like in this campaign?

Thatcher’s Second Term: the 1983 election and privatisation Aim- to assess why Thatcher won the 1983 election and what impact privatisation had The new Cabinet of 1983 Francis Pym was sacked and Howe (a ‘dry’) replaced him as foreign secretary Nigel Lawson (a ‘dry’) became the new Chancellor One ‘wet’ remained – Michael Heseltine. He was very popular and became Secretary for Defence.

Thatcher’s Second Term: the 1983 election and privatisation Aim- to assess why Thatcher won the 1983 election and what impact privatisation had Read p. 170 and fill in the table. Company Year Privatised if known Situation before being privatised Situation after being privatised

Thatcher’s Second Term: the 1983 election and privatisation Aim- to assess why Thatcher won the 1983 election and what impact privatisation had In the book it states ‘the percentage of the electorate in trade unions declined from 30% in 1979 to 22% in 1987’ as if it is related to privatisation. Do you think this is a legitimate connection? Can you think of any other reasons?

Thatcher’s Second Term: the 1983 election and privatisation Aim- to assess why Thatcher won the 1983 election and what impact privatisation had Consequences of privatisation – Benefits – Drawbacks -

Thatcher’s Second Term: the 1983 election and privatisation Aim- to assess why Thatcher won the 1983 election and what impact privatisation had The Big Bang! What was it? Positives – Negatives -

Thatcher’s Second Term: the 1983 election and privatisation Aim- to assess why Thatcher won the 1983 election and what impact privatisation had • Who do you agree with? • What do you think of privatisation? In the event, Mrs Thatcher’s hope of a share-owning democracy never really took off – the frenzy for cheap shares was already starting to fade. . . Frequently privatisation proved controversial. On the day of the gas flotation, Tony Blair, then a Labour Treasury spokesman, complained that taxpayers had lost at least £ 600 m through the underpricing of the issue. FT December 2011