Margaret Thatcher handbag sold at auction

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Margaret Thatcher's use of the fashion accessory gave rise to the phrase "hand-bagging". One of her infamous bags was expected to raise £100,000 at an auction.

The Daily Politics looked back over some images of Lady Thatcher's handbags, before fashion expert Caryn Franklin discussed its place in history.

UPDATE: The bag later sold at auction for £25,000.

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