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
Hinterland The spread of this usage is usually credited to Denis Healey (British Defence Secretary 1964–1970, Chancellor of the Exchequer 1974–1979) and his wife Edna Healey, initially in the context of the supposed lack of hinterland of former Prime Minister Margaret Thatcher. Hinterland Hinterland is a German word meaning "the land behind" (a city, a port, or similar). The term's use in English was first documented by geographer George Chisholm in his "Handbook of Commercial Geography" (1888). The term "hinterland" has several meanings. It may refer to: A further sense in which the term is commonly applied, especially by British politicians,