Since you mentioned Lady Thatcher, @andyburnham, here's a reminder of what she achieved 👇🏼
• Top rate of income tax: 83% → 40%
• Basic rate: 33% → 25%
• Inflation: 21.9% peak (1980) → 2.4% (1986)
• Days lost to strikes: 29.5 million (1979) → 1.9 million (1990)
• Real take-home pay for the average earner: up by a third
• Right to Buy: over a million council tenants became homeowners
• Home ownership: 55% → 67%
• Individual shareholders: 3 million → 11 million — one in four adults
• Foreign holidays: roughly doubled
• Homes with a telephone: two-thirds → nearly nine in ten
• Pensioners' average incomes: up around 30% in real terms
• Infant mortality: down almost 40%
• Real GDP: up by almost a third
• GDP per head outgrew France, Germany and Italy in the 1980s
• Manufacturing productivity: slowest growth in the G7 in the 1970s → fastest in the 1980s
• Self-employed: 1.9 million → 3.5 million
• Nissan to Sunderland, Toyota to Derby, Honda to Swindon
• Britain became a net oil exporter
• London restored as the world's financial capital in 1986
• Budget surpluses three years running — Britain repaid debt, 1987–90
• National debt: 47% of GDP → 28%
• State spending: ~45% of GDP → ~39%
• The civil service: 732,000 → 565,000
• Corporation tax: 52% → 35%; the small firms' rate: 42% → 25%
• Personal tax allowances: up more than 25% in real terms
• Higher rates of income tax: nine → one
• Death duties: fourteen rates → one
• Exchange controls scrapped after 40 years
• 40+ nationalised businesses privatised — 600,000 employees moved to the private sector
• The 33 big state industries: took ~£500m from taxpayers in 1980 → paid £8.4bn to the Exchequer by 1987
• British Steel: world-record loss-maker (1980/81) → £733m profit (1989/90)
• BT, 1984: the largest share offer the world had ever seen
• "Tell Sid" broke the record again in 1986
• British Airways: nationalised loss-maker → profitable, private, "the world's favourite airline"
• The Channel Tunnel: launched — entirely privately financed
• The Falklands liberated in 74 days
• Backed Gorbachev early, stood with Reagan, and won the Cold War
• Three consecutive election victories and the longest-serving PM of the twentieth century ✌🏼🇬🇧
@JoPlattLeigh Socialism is for dossers and morons. A entirely futile ideology where even the most wholly left wing freedom fighter becomes a closeted capitalist once they have a sniff of power. The Labour cabinet have all become very wealthy in recent years.
@UKLabour Here we go! More taxes, more welfare, more immigration, more third world dossers roaming our streets and more British millionaires fleeing this socialist hell. The UK is doomed and will bankrupt within years
@DamianLow3 No he didn’t. He came with the sole intention to install his own ideology and not actually to help British people. Weak, woke, snide, champagne socialist whose decisions don’t hurt him as he heads back into those circles
@JohnSlinger@Keir_Starmer This man appointed the best friend of the worlds worst pedo, tried to cancel elections because he knew they would lose, persecuted retired soldiers, destroyed farmers lives (some to suicide), locked up people for words & tried to hide, stall and silence child rape enquiry
@LibbyTard17 Then you’re a bit strange Libby. This man appointed the best friend of the worlds worst pedo, tried to cancel elections because he knew they would lose, persecuted retired soldiers, destroyed farmers lives (some to suicide), locked up people for words & tried to hide child rape.
@TomK_Brit1993 Yes. Socialism doesn’t work which is why these freedom fighters soon become closeted capitalists as soon as they are in power. The current cabinet have become very wealthy in the last 2 years. I’m sure they don’t want to share their wealth or live next to a HMO ect. Socialism!
@AmericaRecharge Not all. The UK is now some weird 3rd world welfare state. A country that can’t celebrate its own history and culture, a country that’s scared to upset anyone other than its own people. A socialist dump