Conservative Party
Centre-right
First Conservative government 1834 · Updated 5 November 2026At a glance
The story in brief
- 1834
Tamworth Manifesto. Robert Peel forms the first Conservative government and accepts gradual reform.
- 1846
Corn Laws split. Repeal of the Corn Laws divides the party, which spends most of the next 30 years in opposition.
- 1945–51
Post-war consensus. After Churchill’s defeat the party accepts the welfare state and Keynesian economics.
- 1979
Thatcher and the New Right. Free-market reforms, privatisation and trade union laws transform the party and the economy.
- 2010
Coalition. David Cameron forms a coalition government with the Liberal Democrats.
- 2024
Defeat and Badenoch. The party falls to 121 seats; Kemi Badenoch becomes leader on 2 November.
Background and ideas
The Conservatives grew out of the old Tory Party. After the Great Reform Act of 1832 their supporters formed ‘conservative associations’, and in 1834 Robert Peel formed the first Conservative government; his Tamworth Manifesto accepted careful reform alongside law and order and sound finance. The party split over repealing the Corn Laws in 1846 and spent much of the next 30 years in opposition.
After its heavy defeat in 2024 (121 seats), the party chose Kemi Badenoch as leader. It has since lost MPs to Reform UK, including the former leadership candidate Robert Jenrick: in January 2026 Badenoch sacked him from the shadow cabinet, saying he had been plotting to defect, and he joined Reform the same day. In late October 2026 Ipsos recorded Badenoch’s highest satisfaction rating as leader (35%), with the Conservatives on 24%.
Strands of the party
The party’s two historical strands, with the policies that defined them in each area. The contemporary party is set out below, with each current policy linked to the strand it echoes most.
Benjamin Disraeli rebuilt the party by combining social reform with national and imperial pride, widening its support from landowners to the middle class and newly enfranchised workers. This is the root of the one nation tradition: the idea that the better-off have a duty to help the less well-off so that society stays united. After 1945 the party accepted the post-war consensus with Labour, including full employment, Keynesian economics and most of the welfare state.
Economy
- 1962 (Macmillan): the National Economic Development Council, a tripartite planning body of ministers, employers and trade union leaders, first met on 7 March 1962 to examine how Britain’s economic performance could be improved.
- February 1971 (Heath): the Rolls-Royce (Purchase) Act 1971 allowed the Crown to acquire the undertaking of Rolls-Royce Ltd, part of what GOV.UK calls the government’s ‘famous U-turn’ on economic policy as unemployment rose.
- August 1972 (Heath): the Industry Act 1972 authorised regional grants and wider state financial assistance for industry and shipbuilding.
Welfare
- 1951–55 (Churchill): the Conservative government accepted Labour’s newly created welfare state rather than dismantling it.
- 1951 onwards (Churchill/Macmillan): the party’s 1951 pledge was ‘The Conservative Target remains 300,000 a year’ for new houses; as Minister of Housing, Macmillan told the Commons in November 1951 that the government stood by it, and the drive relied heavily on council building.
- December 1970 (Heath): the Family Income Supplements Act 1970 created a new benefit for working families on small incomes.
Law and order
- March 1957 (Macmillan): the Homicide Act 1957 abolished the death penalty for most murders, keeping it only for certain categories of ‘capital murder’ and repeated murders.
- 1963 (Macmillan): section 16 of the Children and Young Persons Act 1963 raised the age of criminal responsibility in England and Wales from eight to ten, and the Act widened local authorities’ powers to promote children’s welfare.
- 1972 (Heath): the Criminal Justice Act 1972 introduced community service orders and day training centres.
Foreign affairs
- February 1960 (Macmillan): the ‘winds of change’ speech in South Africa distanced Britain from apartheid and accompanied a policy of decolonisation.
- December 1962 (Macmillan): the Nassau agreement with President Kennedy, under which the USA would supply missiles for British nuclear submarines, kept the deterrent and the Atlantic alliance at the centre of policy; the Nuclear Test-Ban Treaty followed in 1963.
- 1963–72 (Macmillan, Heath): after de Gaulle vetoed Macmillan’s application to join the EEC (January 1963), Heath took Britain into the European Community through the European Communities Act 1972 (Royal Assent 17 October 1972).
Margaret Thatcher (1979–90) broke with that consensus. Her New Right approach combined free-market economics (privatising state industries, curbing trade unions, cutting welfare) with a strong state on law and order and national sovereignty. She won in 1983 and 1987. Later leaders tried to balance the two traditions: David Cameron led a coalition with the Liberal Democrats from 2010, and Boris Johnson won a large majority in 2019 and took the UK out of the EU.
Economy
- June 1979 (Thatcher): Geoffrey Howe’s first Budget cut the basic rate of income tax from 33% to 30% and the top rate on earned income from 83% to 60%, paid for partly by a unified 15% VAT rate, following the manifesto’s call for ‘proper monetary discipline’ and money supply targets.
- December 1984 (Thatcher): the privatisation of British Telecom drew more than 2 million applications for the 1,000 million shares available.
- November 1993 (Major): the Railways Act 1993 set up a Rail Regulator and a Director of Passenger Rail Franchising, providing for passenger rail services to be run under franchise agreements.
Welfare
- 1980 (Thatcher): the Housing Act 1980 gave secure (council) tenants ‘the right to buy’ their homes, as promised in the 1979 manifesto.
- 1986 (Thatcher): the Social Security Act 1986 restructured income-related benefits around income support and housing benefit, created the Social Fund and provided for personal pensions alongside changes to SERPS.
- 1995 (Major): the Jobseekers Act 1995 introduced the jobseeker’s allowance, tied to a jobseeker’s agreement and with set circumstances in which it is not payable.
Law and order
- 1979 (Thatcher): the manifesto promised to implement the Edmund Davies Committee’s police pay recommendations in full so that forces could recruit up to strength, and stated that ‘firm immigration control for the future is essential’.
- 1984–86 (Thatcher): the Police and Criminal Evidence Act 1984 set out police powers of stop and search, arrest and detention, and the Public Order Act 1986 created new public order offences and controls on processions and assemblies.
- 1994 (Major): the Criminal Justice and Public Order Act 1994 allowed courts to draw inferences from a suspect’s silence, gave police a power to stop and search in anticipation of violence (section 60), and created new offences and powers against raves and aggravated trespass.
Foreign affairs
- April–June 1982 (Thatcher): after Argentina invaded the Falkland Islands on 2 April, a naval task force retook them; the Argentine garrison at Stanley surrendered on 14 June.
- September 1988 (Thatcher): in the Bruges speech she said ‘We have not successfully rolled back the frontiers of the state in Britain’ only to see them re-imposed at European level, warning against ‘a European super-state exercising a new dominance from Brussels’.
- 1990–93 (Major): Major took a leading role alongside President George H. W. Bush in the first Gulf War and secured opt-outs from the Maastricht Treaty on social policy and the single currency; the European Communities (Amendment) Act 1993 (Royal Assent 20 July 1993) gave effect to the Treaty.
Current policies show both strands of the party’s history. Tax cuts, a smaller welfare budget and deficit reduction reflect the New Right; the focus on sovereignty, borders and leaving the ECHR reflects older Conservative concern with national independence and order. Critics within the party argue the one nation tradition has been pushed aside, which is part of the debate about how to win back voters from Reform without losing moderates to the Liberal Democrats.
Of 11 current policies, how many echo each strand. Which strand a policy echoes is a matter of interpretation; the reason is given for each.
Economy
- Abolish stamp duty on people’s homes (October 2025 conference speech).New RightA tax cut aimed at home ownership echoes Howe’s 1979 income tax cuts and the Right to Buy in the Housing Act 1980; supporters may also present it as helping ordinary families in the spirit of the one nation housing drive, but the one nation target of 300,000 houses a year relied on building rather than tax cuts.
- A ‘Golden Economic Rule’ that at least half of the £47 billion of savings the party says it has identified would go to cutting the deficit.New RightPutting deficit reduction first follows the 1979 manifesto’s call for ‘proper monetary discipline’ rather than the state-led spending of Heath’s Industry Act 1972.
Welfare
- £23 billion of cuts.New RightShrinking the benefits bill follows the Social Security Act 1986 and the Jobseekers Act 1995, not Churchill’s acceptance of the welfare state.
- ‘British benefits for British Citizens’.NeitherNeither strand made nationality a test for benefits, so the tag is contestable: some will read it as the national pride of the one nation tradition, others as the New Right’s welfare restraint seen in the Social Security Act 1986.
- In 2026 the party also said it would bring back the two-child limit.New RightLimiting support for larger families fits the targeted, conditional approach of the 1986 and 1995 Acts, in contrast with Heath’s Family Income Supplements Act 1970, which added help for low-income working families.
Law and order
- Leave the European Convention on Human Rights and scrap the Human Rights Act (she called this ‘a plan, not a slogan’).New RightNo earlier Conservative government proposed leaving the ECHR, but the sovereignty argument extends Thatcher’s Bruges-speech warning against European institutions and reverses the one nation acceptance of pooled sovereignty in Heath’s European Communities Act 1972.
- 10,000 more police officers.Both strandsRecruiting police matches Thatcher’s 1979 pledge to help forces recruit to strength, but support for policing is common to both traditions rather than distinctive to one.
- Tripled stop and search.New RightWidening police powers follows the strong-state approach of PACE 1984 and especially section 60 of the Criminal Justice and Public Order Act 1994, which created stop and search in anticipation of violence; the one nation examples point the other way, towards alternatives to custody such as Heath’s community service orders (1972).
- Deporting 150,000 illegal migrants.Both strandsBorder control is shared Conservative ground rather than the property of one strand: the 1979 manifesto said ‘firm immigration control for the future is essential’, but Macmillan’s one nation government had already restricted Commonwealth immigration in 1962.
Foreign affairs
- In September 2026 it proposed a £10 billion a year rise to reach 3% of GDP on defence by 2029–30.Both strandsStrong defence links Macmillan’s nuclear deterrent and Nassau agreement (1962) with Thatcher’s attack on Labour’s defence cuts in 1979 and the Falklands War (1982).
- The defence rise would be paid for by welfare savings, the largest of which (about £4 billion) would come from cutting housing benefit.New RightFunding defence by trimming benefits reflects the New Right priority of a strong state abroad and a smaller welfare state, as in the Social Security Act 1986, which restructured housing benefit and other income-related benefits.
Which strand dominates today?
Raising defence spending to 3% of GDP by 2029–30 and recruiting 10,000 more police reflect a commitment to national strength and order that predates Thatcher, as in Macmillan’s Nassau agreement (1962) on the nuclear deterrent, and Macmillan’s government had already restricted immigration in 1962. Abolishing stamp duty on people’s homes can be presented as spreading home ownership to ordinary families in the spirit of the 1951 pledge of 300,000 houses a year, so the party’s aims can be read as a national, cross-class appeal rather than a purely free-market programme.
The ‘Golden Economic Rule’ on the deficit, abolishing stamp duty and £23 billion of welfare cuts, including bringing back the two-child limit and cutting housing benefit to fund defence, follow the tax-cutting, smaller-state path of Howe’s 1979 Budget and the Social Security Act 1986. Leaving the ECHR and tripling stop and search echo Thatcher’s Bruges defence of sovereignty and the police powers of PACE 1984 and the Criminal Justice and Public Order Act 1994.
What it shows
Evidence Thatcher broke with the post-war consensus the party had accepted after 1945, and won in 1983 and 1987.
Evidence After falling to 121 seats in 2024 the party lost MPs to Reform UK, including Robert Jenrick in January 2026.
Evidence David Cameron led a coalition with the Liberal Democrats from 2010.
Use it in the exam
- No
The Conservatives won 121 seats in 2024 and YouGov put them on 22% in October 2026, only two points ahead of Reform.
- Yes
Thatcher reshaped the party’s ideas and won three elections in a row.