The Tory Party, officially known as the Conservative Party, is one of the major political parties in the United Kingdom. Founded in the late 17th century, it has traditionally supported free market policies, a strong national defense, and a gradual approach to social change. The party's symbol is a stylized lion, representing strength and courage. The Tory Party has been a significant player in British politics, often alternating in power with the Labour Party. Key figures in its history include Winston Churchill and Margaret Thatcher, both of whom served as Prime Ministers and shaped the party's modern identity.