The Daily Mail tells us that Meryl Streep could take the lead in a biopic of the long-serving former Conservative Prime Minister which is being made by Mamma Mia! director Phyllida Lloyd. The film is based on a script by Abi Morgan, whose previous screenwriting has included Sex Traffic and Brick Lane. Movie companies Pathe and Film4, which will co-finance the production, confirmed Streep’s involvement was under discussion with Meryl and her agent. Jim Broadbent is rumoured to be a favourite for the part of Dennis Thatcher, according to the Metro.

The film will be set in 1982, chronicling the countdown to Britain’s involvement in the Falklands War.  The war proved to be a pivotal moment in Thatcher’s political career, the conflict eventually sent her popularity soaring in some areas and it helped her to win the second of her three general election triumphs.

Streep has adapted herself to a number of movies and roles, including the moving ‘Sophie’s Choice’, the ever so romantic ‘Madison County Bridge’, and more recently she was nominated for a Golden Globe for ‘Mama Mia’. If Streep accepts the role it could mean yet another Oscar for her. The Academy Awards tend to favour biopics when it comes to giving out statues of  little golden men.