Thatchers resignation Flashcards
1
Q
3 factors for Thatchers resignation (1990)
A
- poll tax (introduced in England in 90)
- economic difficulties
- personal unpopularity + party divisions
2
Q
poll tax
A
replaced ‘the rates’
- introduced by the ‘local government finance act (1988)
- day before it came into effect, there was a large demonstration at Trafalgar Square where 300 arrested
3
Q
economic difficulties
A
- 1987 stock market crash wiped 24% of share prices
- Lawsons reduction in income tax (88’ budget) lead to inflation at 8%
4
Q
Divisions over Europe
A
- thatcher supported the free market
- divisions over the ERM (lawson and howe)
5
Q
cabinet divisions
A
- 1989 she demoted Howe (Dep PM)
- 1989 Lawsons resignation as chancellor
6
Q
opinion poll stats (unpopularity)
A
1990 - Labour 16 points infront of Tories