Margaret Thatcher were officially denied by William Heseltine, the Private Secretary to the Sovereign. Thatcher later wrote: "I always found the Queen's attitude towards the work of the Government absolutely correct ... stories of clashes between 'two powerful women' were just too good not to make up." Thatcher's economic policy was influenced by monetarist thinking and economists such as Milton Friedman and Alan Walters. Together with Chancellor of the Exchequer Geoffrey Howe, she lowered direct taxes on income and increased indirect taxes. She increased interest rates to slow the growth of the money supply and thereby lower inflation, introduced cash limits on
Margaret Thatcher had been cremated. On 28 September, a service for Thatcher was held in the All Saints Chapel of the Royal Hospital Chelsea's Margaret Thatcher Infirmary. In a private ceremony, Thatcher's ashes were interred in the grounds of the hospital, next to those of her husband. Thatcherism represented a systematic and decisive overhaul of the post-war consensus, whereby the major political parties largely agreed on the central themes of Keynesianism, the welfare state, nationalised industry, and close regulation of the economy, and high taxes. Thatcher generally supported the welfare state, while proposing to rid it of abuses. She promised in 1982