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Baroness Thatcher has died at the age of 87 after suffering a stroke, her spokesman Lord Bell has announced.

Margaret Thatcher was Britain’s first and only female prim minster

Known as the Iron Lady, Margaret Thatcher governed Britain from 1979 to 1990.

She will go down in history not only as Britain’s first female prime minister, but as the woman who transformed Britain’s economy and causing massive controversy over issues such as the Poll Tax and the Falklands War.

Lord Bell said: “It is with great sadness that Mark and Carol Thatcher announced that their mother Baroness Thatcher died peacefully following a stroke this morning.

“A further statement will be made later.”