Margaret Hilda Thatcher, Baroness Thatcher, was a British stateswoman and Conservative politician who served as Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990. She was the longest-serving British prime minister of the 20th century and the first woman to hold the position. As prime minister, she implemented economic policies known as Thatcherism. A Soviet journalist dubbed her the "Iron Lady", a nickname that became associated with her uncompromising politics and leadership style.

The Conservative and Unionist Party, commonly the Conservative Party and colloquially known as the Tories, is one of the two main political parties in the United Kingdom, along with the Labour Party. It is the current governing party, having won the 2019 general election, and has been the primary governing party in the United Kingdom since 2010. The party sits on the right-wing to centre-right of the political spectrum. It encompasses various ideological factions including one-nation conservatives, Thatcherites, and traditionalist conservatives. The party holds the annual Conservative Party Conference, at which senior Conservative figures promote party policy.