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
Death and funeral of Margaret Thatcher Death and funeral of Margaret Thatcher On 8 April 2013, former British Prime Minister Margaret Thatcher died of a stroke in London at the age of 87. On 17 April, she was honoured with a ceremonial funeral. Due to polarised opinion about her achievements and legacy, reaction to her death was mixed throughout Britain and evoked contrasting praise and criticism. The funeral, including a formal procession through Central London, followed by a church service at St Paul's Cathedral, cost around £3.6 million including £3.1 million for security. The funeral was notable for the attendance of the reigning monarch, Elizabeth II;