Maggie Thatcher Dead

Maggie In Hard Hat

Margaret Thatcher, the former U.K. prime minister who helped end the Cold War and was known as the 'Iron Lady' for her uncompromising style, has died. She was 87.

'She had a stroke and died peacefully', her spokesman, Tim Bell, told Sky News television Monday. 'We’ll never see the like of her again. She was one of the great prime ministers of all times. She changed people’s lives. She is a fantastic person. She loved her country. She dedicated herself to improving people’s lives'.

Bloomberg reports that when Thatcher took office in 1979, Britain’s trade unions were strong enough to knock out party leaders they opposed, and key industries, including utilities, were state-owned.

By the time she stepped down 11 years later, her arguments for free- market economics, lower taxes and deregulated financial markets had been adopted across the nation’s political spectrum.

9 Famous Maggie Thatcher Quotes

Margaret Thatcher, U.K. ‘Iron Lady’ Prime Minister, Dies

Ex-Prime Minister Baroness Thatcher dies

Margaret Thatcher dies of stroke aged 87

image: © Matthew Rutledge

JefferiesAnd the Best Place to Work in the global financial markets 2016 is...

Register for Financial Markets News Alerts