Both unemployment and inflation soared in the first two years of the Thatcher government though the Tories were open to a rise in the jobless figures
Both unemployment and inflation soared in the first two years of the Thatcher government though the Tories were open to a rise in the jobless figures
Britain once had an economy made up of nationalised industries where the state ran water, transport, energy, telecoms and other services
DeLorean and Laker were among many household name brands destroyed by the early 1980s recession under Margaret Thatcher as Tony McMahon discovers
Between 1979 and 1981, Prime Minister Margaret Thatcher presided over an unprecedented economic recession that devastated manufacturing industry