It is 50 years since Margaret Thatcher was elected Conservative leader, and at this week’s shadow cabinet meeting, Lord Forsyth was invited as a guest speaker to mark the occasion. He noted the similarities between 1975 and 2025. Back then, the party was broke, reeling from defeat and facing the fallout from a reorganisation of local government. But, despite threadbare resources, Thatcher managed to rebuild to win power four years later. ‘You have the potential to do the same,’ Forsyth told Kemi Badenoch.

However, when asked if a young Thatcher would have been drawn to the right’s insurgent Reform Party, Nigel Farage replied, ‘I don’t think there’s any doubt about it.’ He even claimed that Thatcher had voted UKIP in 1999. ‘She believed in meritocracy, she put Jewish people in her cabinet, working-class people like Norman Tebbit. She would have hated wokery and diversity, equity and inclusion (DEI),’ said Farage. 

What would Mrs Thatcher have thought of the current state of the Conservative Party? Might Reform have appealed to her? 

James Heale speaks to Lord Forsyth.

Produced by Oscar Edmondson.