U.K.’s Next Leader Faces Economic, Political Challenges Unseen Since Thatcher

Britain’s next prime minister will have to contend with challenges in governing the country that are arguably unequaled since Margaret Thatcher took office in 1979

Trust in political institutions has ebbed and the country is experiencing its largest drop in real incomes since the 1950s

U.K. Prime Minister Boris Johnson said he would resign after a mutiny in his party over a series of scandals, bringing an end to a tempestuous premiership spanning Brexit and the coronavirus pandemic. WSJ looks at the rise and fall of the British leader. Photo: Peter Nicholls/Reutersthat are arguably unequaled since at least 1979, when Margaret Thatcher took office facing galloping inflation and a battle with powerful trade unions.

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