The film is structured as a series of flashbacks from the perspective of an elderly Margaret Thatcher. It begins with her early life and political career, showcasing her journey from a grocer’s daughter to becoming a prominent political figure.
Margaret (played by Alexandra Roach as a young woman) is portrayed as a determined and ambitious individual who faces gender-based obstacles in her pursuit of a political career. With unwavering determination, she rises through the ranks of the Conservative Party and becomes the first female Prime Minister of the United Kingdom in 1979.
The narrative delves into Thatcher’s political decisions, including her controversial economic policies known as Thatcherism, her stance during the Falklands War, and the bitter conflicts with trade unions. It also explores her relationships with key figures such as her husband Denis Thatcher (Jim Broadbent) and her political colleagues.
Interwoven with her political achievements are scenes of an older Margaret Thatcher struggling with dementia and grappling with the memories of her past. The film portrays her isolation and the challenges she faces as her health deteriorates.
In the climax, the film addresses the impact of Thatcher’s policies and her eventual resignation as Prime Minister in 1990. The portrayal emphasizes the personal toll her political career took on her life and relationships.
The movie concludes with an elderly Margaret Thatcher reflecting on her life, acknowledging the triumphs and losses. The final scenes suggest a mix of nostalgia, resilience, and the enduring complexity of her legacy.
“The Iron Lady” received mixed reviews from critics, with much praise directed towards Meryl Streep’s performance. Streep won the Academy Award for Best Actress for her portrayal of Margaret Thatcher. The film, however, faced criticism for its portrayal of Thatcher’s political legacy and the handling of certain historical events.