Former British PM Thatcher dies at the age of 87

London : Margaret Thatcher, the first female British Prime Minister who gained worldwide renowned as the Iron Lady has died aged 87. Developing a formidable partnership with President Ronald Reagan during the 1980s, Mrs. Thatcher stood up to the 'Evil Empire' of the Soviet Union, eventually witnessing its collapse. Her spokesman Lord Bell revealed the news that the former politician had passed away after a long battle with poor health. This afternoon, the Press Association reported a statement from her spokesman Lord Bell. '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.'