The Impact of Privatisation on British Economy during Thatcher’s Era

Abstract

The current study is an attempt to scrutinize the recovery of the British economy notably after the Winter of Discontent via inspecting the impact of Thatcher’s privatisation policy. In order to investigate that issue, it is presumed that Thatcher’s policy enhanced the performance of the economy and made a real transition toward gradual progress. To prove or disprove this hypothesis, the historical method is adopted to describe the challenges the British economy faced before and after Thatcher’s era combined with selected Media Content Analysis method. A selection of articles from different mediums, newspapers, interviews and news channels that address the multifaceted impact of Thatcher’s privatisation policy on the British economy. Though the data Analyzed indicated that there is a contrast in the different opinions about Thatcher’s Privatization policy, the hypothesis that states that the British economy was enhanced by Thatcher’s privatization has stronger opinions and more supporters; hence, the hypothesis is confirmed.