Thatcher and the Big Bang
Like Tony Blair, Margaret Thatcher has long been a British product with more appeal in export markets than at home. Indeed, one issue that has come under the microscope since the 2007-2008 financial crisis is Thatcher’s reforms of the City of London in the late 1980’s.
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LONDON – In the United States, for people of a certain age, Margaret Thatcher was a superstar, and Americans have been surprised at the sharply divided views on display in the Britain that she governed for 11 years. But Britons were not astonished. Like Tony Blair, Thatcher has long been a British product with more appeal in export markets than at home.