Thatcher Praised by London Financiers for Reviving City Fortunes
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London’s financiers paid tribute to former Prime Minister Margaret Thatcher, who died yesterday, as the woman who helped guide the city’s transformation from a provincial trading hub to the world’s top financial center.
Thatcher died after suffering a stroke at the age of 87, almost 30 years after the so-called Big Bang deregulated London’s financial markets, attracted capital and talent, and started a 25-year boom in securities trading.