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...Come to This? The last time Britain felt this bad about itself was in 1976, when soaring inflation and unemployment forced the Labour government to seek a humiliating bailout from the International Monetary Fund. Margaret Thatcher's Conservatives took power in 1979 and went on to abolish exchange controls, cut taxes and engineer the 1986 deregulation of financial markets, known as Big Bang, restoring London's position as one of the world's most important financial centers. Blair's New Labour did nothing to restrict the unfettered growth of the City, as London's financial district is called...

Author: /time Magazine | Title: Deep Funk: Why Britain is Feeling Bleak | 3/29/2010 | See Source »

Meanwhile, the Crimson’s bats were kept silent by Hartford pitcher Matt Thatcher, who took a no-hitter into the top of the fifth...

Author: By Madeleine Smith, CRIMSON STAFF WRITER | Title: Baseball Wraps Up Solid Weekend with Sweep | 3/29/2010 | See Source »

...party. Some had not yet reached voting age when he (right, with his wife, the author and filmmaker Jill Craigie) helmed the party's 1983 parliamentary campaign. Some had not yet been born. And a thumping majority of those who were eligible to vote chose to retain Margaret Thatcher as prime minister, after Britain's 1982 Falklands-war victory burnished her popularity...

Author: /time Magazine | Title: Michael Foot | 3/22/2010 | See Source »

...larger countries like Britain, with relatively deeper pockets of conservatism, progress has come more slowly. In 1988, Margaret Thatcher's Conservative government passed a Local Government Act, Section 28 of which barred the "promotion of homosexuality" in schools and defined gay partnerships as "pretended family relationships." Such homophobia emboldened both gay-rights advocates and future politicians. "People came out who otherwise wouldn't have, and it woke up our heterosexual friends and family," says Michael Cashman, now a Labour Member of the European Parliament. In 1989, Cashman and actor Ian McKellen co-founded campaign group Stonewall. Around the same time...

Author: /time Magazine | Title: Europe's Gay Leaders: Out at The Top | 1/18/2010 | See Source »

...right, gave up her seats in the British Parliament and Northern Ireland Assembly and checked into a hospital for acute psychiatric treatment. Arlene Foster, 39, was selected to replace Peter Robinson at the helm of the DUP - she becomes the first woman since former Prime Minister Margaret Thatcher to lead a government in the U.K. (See pictures of new hope for Belfast...

Author: /time Magazine | Title: Will Northern Ireland's Sex Scandal Break the Peace? | 1/13/2010 | See Source »

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