What would Queen Victoria have made of it? She might have concluded that this extraordinary spectacle, stretching from her memorial outside Buckingham Palace all the way down the Mall to Admiralty Arch, would have signalled the passing of any order that she had understood. Yet she might also have reflected that at the time of her Diamond Jubilee, Europe had three emperors and one empress: her.
Years of budget deficits have bloated the government’s debt pile
All developed economies face the same problem: how to manage the ever-rising tide of welfare and medical spending.