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The City’s Place in the World

In: All-Change in the City

Author

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  • Margaret Reid

Abstract

It is no accident that the recent radical shake-up in Britain’s financial structure has occurred during the premiership of that tough challenger of established practices, Mrs Margaret Thatcher. Reshaping the City of London was scarcely a top aim when Mrs Thatcher’s Conservative government won power in 1979, though another financial objective, squeezing inflation through ‘monetary’ means, was. But questioning of long-established systems generally stood high on the agenda of this first British woman Prime Minister who, asked after ten years of party leadership what she had changed, answered simply, ‘Everything’.

Suggested Citation

  • Margaret Reid, 1988. "The City’s Place in the World," Palgrave Macmillan Books, in: All-Change in the City, chapter 1, pages 3-21, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-07005-3_1
    DOI: 10.1007/978-1-349-07005-3_1
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