Streep to Become “The Iron Lady” in THATCHER

Are the wafts of a third Oscar permeating the air? A safe bet considering its British and a biopic.

THR has exclusive news that Oscar winner Meryl Streep (JULIE AND JULIA) is in talks to take on the role of the “Iron Lady” in a biopic of former British Prime Minister Margaret Thatcher. Streep would reteam with her “Mamma Mia!” director Phyllida Lloyd for THATCHER and Jim Broadbent is in talks to play Margaret Thatcher’s husband, Denis.

The film is set in 1982 and tracks Thatcher as she tries to save her career in the 17 days preceding the 1982 Falklands War. The 2 1/2-month war was a turning point for the prime minister, who, after the victory, saw her approval ratings double and went on to win a second term.

THATCHER is being developed by Pathe and BBC Films. Damien Jones (“Sex & Drugs & Rock & Roll”) is producing and came up with the story with Brian Fillis, who wrote the screenplay.