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DID THE MAJOR GOVERNMENT LARGELY CONTINUE THATCHERITE ECONOMIC POLICIES?

INTRODUCTION John Major as a successor to Margaret Thatcher was always going to find life difficult. He says himself he rejected any talk of his creating 'Majorism' as Margaret created 'Thatcherism', claiming instead that "The Conservative Party does not belong to any one individual" . His priorities (at least initially) as he saw them were clear; inflation, inflation, inflation. Further to that, he aimed to reduce unemployment, although not through artificial job creation, but by preserving a climate of low inflation in which growth would be encouraged. He aimed to privatise that which was feasible and had not already been done. But the climate

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