The politician known as the Iron Lady in British politics is Margaret Thatcher. Serving as the Prime Minister from 1979 to 1990, Thatcher was known for her strong conservative policies, economic reforms, and unwavering leadership style. The term "Iron Lady," initially coined by a Soviet journalist, reflected her tough stance against the Soviet Union during the Cold War. Her government's agenda included privatization of state-owned industries, reducing the power of trade unions, and implementing fiscal austerity. Thatcher's policies left a lasting impact on British politics and the global economic landscape, establishing her as a polarizing yet influential figure.