GO
Loading...

Enter multiple symbols separated by commas

Thatcher's Stock Market Was Best Boom in 50 Years

Tim Graham | Getty Images Europe

U.K. stocks performed better during Margaret Thatcher's tenure compared to any other period of time over the last 50 years, delivering over 263 percent cumulative returns, according to research by Fidelity Investments.

On the day Thatcher, nicknamed the "Iron Lady", took office the FTSE All Share closed at 283.82, climbing to 1031.25 over the course of her 11 year premiership.

During Thatcher's three consecutive terms in office, between 1979 and 1990, the FTSE All Share delivered annualized returns of 11.79 percent.

Thatcher transformed the British economy through policies such as privatization, tax cuts and "big bang" financial reforms.

(Read More: Krugman Takes on Thatcher Legacy as Debate Rages)

During her successor John Major's premiership between 1990 and 1997, the FTSE delivered annualized returns of 12.04 percent.

The benchmark index delivered annualized returns of just 4.54 percent during Tony Blair's 10 years in office.

U.K. stocks had the worst run during Prime Minister Gordon Brown's tenure. The Labour Party leader, was in office just under three years between 2007 and 2010, and his tenure coincided with the demise of Lehman Brothers and the 2008 global financial crisis. The FTSE lost 18.2 percent cumulatively in this period.

The index has returned 13.52 percent under current Prime Minister David Cameron's tenure over the past three years.

(Read More: Did Thatcher's Reforms Pave Way for Euro Zone?)

Contact Europe News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Europe Video

  • Angry Birds

    They're back, they're angry and they could soon be taking up a lot of your time. Before you become addicted to Angry Birds 2 find out if the sequel lives up to the hype.

  • Disney shatters own glass ceiling

    CNBC's Phil Han reports on why the European Commission is investigating EuroDisney for unfair pricing policies.

  • Twitter on shaky ground, but hopeful: Pro

    Eileen Burbidge, partner at Passion Capital, says Twitter's current user activity isn't enough, but it's a very good tool for information.