What year was Michael Foot elected as leader?
The election of Michael Foot as leader in 1980, and the leftist policies he espoused, such as unilateral nuclear disarmament, leaving the European Economic Community (EEC) and NATO, closer governmental influence in the banking system, the creation of a national minimum wage and a ban on fox hunting led in 1981 to four former cabinet ministers from the right of the Labour Party (Shirley Williams, William Rodgers, Roy Jenkins and David Owen) forming the Social Democratic Party.