Council bosses are set to vote today on plans to install a £300,000 statue of Margaret Thatcher in her home town of Grantham.

The proposal is for the 10.5ft statue, standing on a 10.5ft plinth, to be erected on the green space on St Peter’s Hill.

It has been paid for by The Public Memorials Trust, a charity that aims to commission and erect memorials of historically important people

Margaret Thatcher Credit: Press Association

There have been fears that the statue could become a target for "politically-motivated vandalism".

Police say it would need to be will-lit and monitored around-the-clock with CCTV.

The sculptor Douglas Jennings, who is critically acclaimed for producing bronzes, portraits and sculptures said at the time the plans were unveiled that it was a great privilege to work with Ivan Saxton of The Public Memorials Appeal to create and capture the essence of Margaret Thatcher, one of the UKs most recognised political leaders.