After the landslide victory of Clement Attlee’s Labour Party in 1945 around a third of all British industry was placed into public ownership, for example, the coal mining industry. This socialist system was put under pressure in the 1970s and in the 1980s, it began to be removed as the Government of Margaret Thatcher, having commissioned a report called the Ridley Report, began to privatise industry. For example, in the 1980s Thatcher privatized electricity, telecoms and the rail industries, among many others.