Compare and contrast the approach to economic management taken by New Labour, the Conservatives under Thatcher and Major, and the current coalition government. To what extent do these fundamentally differ? What explains the differences and similarities?

Identify the following on the chart above:

Leadership: Beginning with 1979 label the names of Britain’s PMs and the duration of term

Winter of discontent, 9/11, 7/7

Explain why leadership change occurs on the chart.  What events/ circumstances help explain these changes?