Thatchers resignation Flashcards

1
Q

3 factors for Thatchers resignation (1990)

A
  1. poll tax (introduced in England in 90)
  2. economic difficulties
  3. personal unpopularity + party divisions
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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
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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%
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4
Q

Divisions over Europe

A
  • thatcher supported the free market
  • divisions over the ERM (lawson and howe)
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5
Q

cabinet divisions

A
  • 1989 she demoted Howe (Dep PM)
  • 1989 Lawsons resignation as chancellor
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6
Q

opinion poll stats (unpopularity)

A

1990 - Labour 16 points infront of Tories

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