Editing Geoffrey Howe (section)

=== Shadow Cabinet ===
In 1974, the Reigate boundary changes redrew the seat as East Surrey, and Heath appointed him as spokesman for social services. Howe contested the second ballot of the [[1975 Conservative Party leadership election|1975 Conservative leadership election]], in which [[Margaret Thatcher]] was elected as party leader. She saw him as a like-minded right-winger, and he was appointed [[Shadow Chancellor of the Exchequer]]. He masterminded the development of new economic policies embodied in an Opposition mini-manifesto ''The Right Approach to the Economy''.<ref name = ODNB/>

At the same time, in response to the [[1976 sterling crisis]], Labour Chancellor of the Exchequer [[Denis Healey]] had requested a loan of $3.9&nbsp;billion from the [[International Monetary Fund]] (IMF); at the time, it was the largest loan request the IMF had ever received. In 1978, Healey said Howe's criticism was "like being savaged by a dead sheep".<ref>{{cite Hansard |house=House of Commons |date=14 June 1978 |url=https://api.parliament.uk/historic-hansard/commons/1978/jun/14/economic-situation#S5CV0951P0_19780614_HOC_157 |title=Economic Situation |volume=951 |column=1027 |access-date=19 November 2014}}</ref> Nevertheless, when Healey was featured on ''[[This Is Your Life (British TV series)|This Is Your Life]]'' in 1989, Howe appeared and paid warm tribute.{{cn|date=April 2020}}