Meryl Streep to play Margaret Thatcher

Meryl Streep is in talks to reteam with her "Mamma Mia!" director Phyllida Lloyd for "Thatcher," a biopic of the controversial and long-governing former British prime minister.

Jim Broadbent is in talks to play Margaret Thatcher's husband, Denis, for the pic, which is being developed by Pathe and BBC Films.

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.

Damien Jones ("Sex & Drugs & Rock & Roll") is producing and came up with the story with Brian Fillis, who wrote the screenplay.

If a deal is completed, the role of Thatcher would be the highest-profile character yet tackled by Streep, who has garnered Oscar noms for playing real-life women such as whistleblower Karen Silkwood, author Susan Orlean and cooking guru Julia Child.

Lloyd, a British theater director known for her work in the opera world, elicited energy and brought out youthfulness in Streep in "Mamma Mia!," which was based on the Broadway musical and which grossed more than $600 million worldwide in 2008.

Streep, Lloyd and Broadbent are repped by CAA. Lloyd is additionally repped by Annette Stone, while Broadbent is additionally repped by Independent Talent Group.

Peter Oberth
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