Read the full interview here.

Margaret Thatcher’s longest serving cabinet minister is well-known for the resignation speech many cite as having prompted her downfall but the majority of his ministerial career bears the hallmarks of a constructive working relationship that Howe characterises as having been “like a marriage”. He first worked with Thatcher while she was Secretary of State for Education under Ted Heath and attributes the longevity of their careers to shared ideals and a mutual appreciation of the other’s abilities. Howe became Chancellor of Exchequer during a time of extreme economic uncertainty in Britain, overseeing the radical 1981 Budget that some credit with having brought Britain out of the gloom of the 1970s and cementing the monetarist policies that remained central to successive Budgets thereafter.