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Britain 5/1, Fall of Thatcher and her legacy, Satire - Coggle Diagram

- - - - Humiliation for Major’s government
      - Loss of reputation for economic competence
      - Loss of press support
    - - Interest rates could be lowered, helping businesses to build and invest
      - The cheaper pound made exports less expensive
      - Unemployment fell
      - House prices started to rise
      - Consumer spending rose
      - Britain was well placed to benefit from an upswing in the global economy
- - - - Thatcher seen as aloof - Poll Tax
      - Thatcher alienated key ministers/supporters - Howe and Lawson
      - Major seen as weak and inept - Black Wednesday and satirical image
      - Major unable to quieten criticism from the party (‘bastards’ - Portillo, Lilley and Redwood; Thatcher’s attitude.
- - - - His role was to develop Thatcher’s legacy and reunite the Conservative Party in order to retain power:
      - Abolition of Community Charge/Poll Tax in November 1991 to be replaced by Council Tax.
      - More money spent on healthcare and education.
      - Favoured a middle way on Europe, hoping that Britain would ‘be at the very heart of Europe.’ He upset Eurosceptics though with the signing of the Maastricht Treaty, developing closer ties with Europe.
    - - Recognition of BSE as a threat to human health, 1996
        
        Coal pit closures - including in Nottinghamshire, who had opposed the strikes of the 1980s
        
        Private Finance Initiative (PFI)
        
        Privatisation of the railways
        
        Privatisation of coal industry in 1994
        
        Citizen’s Charter, 1991