Thatcher holds on to the leadership - What happens next?

So, like it says in the title; what happens if Thatcher holds on to the leadership in 1990, what happens next? Particularly in the election of 1992?
 
1) Wins outright on the first ballot: Then her leadership is moderately damaged. Khaki boost from the Gulf War might boost her to a majority similar to Major's OTL '92 one, or a hung Parliament which could go either way.

2) Wins a second ballot: Leadership fatally damaged, defeated by Kinnock in June 1991 (the date mentioned in her memoirs).
 

Thande

Donor
Labour landslide in 91/92 similar to 1997.

I doubt it would be a landslide and it would certainly not be on the scale of '97: a '97 scale result for Labour is ASB under Kinnock even if Thatcher started eating babies on live TV. It would be a case of people turning against the Tories without any real enthusiasm for Labour. Like the 2010 election in reverse, except the Lib Dems' support base was much smaller in 91/92 so Labour will get a majority rather than a hung parliament--but it won't be a big majority.
 
I doubt it would be a landslide and it would certainly not be on the scale of '97: a '97 scale result for Labour is ASB under Kinnock even if Thatcher started eating babies on live TV. It would be a case of people turning against the Tories without any real enthusiasm for Labour. Like the 2010 election in reverse, except the Lib Dems' support base was much smaller in 91/92 so Labour will get a majority rather than a hung parliament--but it won't be a big majority.

I agree that it won't be a 'positive' Labour victory but it will be a big Labour majority. Heseltine will be defeated but the anti-Thatcherites will regroup and continue to hurt party unity. Britain will have had another year of the poll tax against a PM who'll be violently campaigning for it during the election, a Prime Minister who's been in office for 13 years, Labour will win big. Of course not nearly as big as 1997 but they have a steeper road to climb in terms of seats in 1992 after all.
 
If Labour wins in 1992 or 1991 then they might get all the fallout from Black Wednesday and such, possibly leading to their defeat in 1997. In any case they won't be the slick machine they were from 1994 onwards OTL.
 
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