Margaret Thatcher | Statement in Defence of her Economic Policies | House of Commons | 28/02/1980

The Prime Minister, Mrs. Thatcher, gives a fiery statement in defence of her own economic and industrial policies, against a no confidence motion from the opposition. Mrs. Thatcher also criticises the policies of the preceding Labour government.

Mrs. Thatcher would famously go on to follow her instincts regarding the economy, despite opposition from within her own cabinet.

Mrs. Thatcher's economic philosophies swiftly earned the umbrella pseudonym of 'Thatcherism'.