Queen Jubilee June 2012: Queen Elizabeth II Diamond Jubilee Celebrations

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Buckingham Palace embarks Diamond Jubilee Celebrations of Queen Elizabeth II, this June 2012. Queen Jubilee Celebrations June 2012 are four days of ceremony, spectacle and nationalism starting from Saturday June 2, 2012 to Tuesday June 5, June 2012.

Queen Elizabeth II 60 years on crown, with the increasing popularity of the British Royal Monarchy's is bringing merriment to a people of United Kingdom, stressed in harsh economic circumstances.

British flags, the Union Jack waved from shops, stations, national building and all across the United Kingdom. Massive crowds are anticipated to gather to thousand of Diamond Jubilee festivities and parties all over the country decorated in blue, red and white.

Queen Jubilee June 2012: Queen Elizabeth II Diamond Jubilee Celebrations

To Britain, the event is an opportunity to credit, admire and appreciate Queen Elizabeth II, aged 86, for her years of public service. She is the official head of state for 16 nations from Canada, Australia to tiny Tuvalu in the Pacific Ocean. For others it is a chance of a few additional vacations to party and chill out the kind of show and community ritual for which British people are renowned. This has made it a welcomed break from severe times, pay freezes and profound public expenses cuts.

Republicans expect the occasion symbols the last hooray of a fading anachronism, at the same time as some 2 million people are leave-taking Britain altogether to go on public holidays. Robert Lacey, the Royal Biographer told Reuters:
Original jubilees were invented in the 19th century by the popular press as modes of national celebration for which the monarchy and monarch was almost incidental. The jubilee was as much about society celebrating itself as it was about the head of state and the now largely symbolic institution of the monarchy. They tend to work best in times of economic hardship. It provides a tonic for the country.

Queen Elizabeth II vs Queen Victoria Reign

Queen Elizabeth II entered to the throne, after the death of her father George VI, in February 1952 in the times of Winston Churchill premiership, making the record of the longest-lived British monarch and she will become longest-serving monarch in 2015.

Queen Victoria, her great-great-grandmother and a great queen of the British history has also spent a long time on the British throne. During her time in power, she worked with 6 pops, 12 British prime ministers, 12 American presidents and has visited 116 countries.

Queen Diamond Jubilee Celebrations and Thames Flotilla

The four days of Queen Diamond Jubilee Celebrations start on a moderately low-key note on Saturday when the queen indulges her love of horse racing by attending the Epsom Derby.

The following day will observe what organizers expect will be a fabulous flotilla traveling 25 miles along the River Thames with a formation of 1000 boats from around the globe with the queen and her husband Prince Philip on a royal barge, the largest such parade for 350 years. Prince Philip is 90 year-old.

Scores of street parties have also been planned from corner to corner in Britain on Sunday, including one as part of a "Big Jubilee Lunch" at Downing Street outside Prime Minister David Cameron's office.

In addition to all that, around some 9500 street parties are being expected in England, Wales and ABTA. British travel association estimates about 2.5 million Britons are expected to take part in these celebrations.

Buckingham Palace Concert on Jubilee Celebrations

Buckingham Palace the Queen's London residence will host to a pop concert featuring the likes of Paul McCartney and Elton John, before a group of 4200 beacons will also be lit across Britain with more set alight in the Commonwealth of mostly former British colonies of which Elizabeth is the head.

The carousing conclude on Tuesday with a memorial service at St Paul's Cathedral, a stagecoach march past through central London and flypast by present and former royal air force aircraft.

Huge crowds are likely for the events with estimates that about a million people will travel to London on Sunday alone, and police have warned the capital's public transport system and roads will be stretched.

According to officials at Heathrow Airport London said around 780,000 people are expected to arrive in the next few days, while ABTA sources claims 2 million Britons were planning to go overseas to take enjoy the extra public holidays.

Queen Jubilee June 2012: Queen Elizabeth II Diamond Jubilee Celebrations

Queen Diamond Jubilee Celebrations expected to hit the GDP and Economy

Superstore Sainsbury's has sold 252 miles of bunting to garnish the entire length of the river Thames, for Queen Jubilee celebrations. While Tesco, the world's 3rd top retailer is expected to make 2.86 million flags sale at this occasion. British citizen will spend 823 million pounds ($1.28 billion), nearly two times what they expanded out on last year royal wedding of the queen's grandson Prince William and Kate Middleton.

However, Bank of England and The Economists caution the extra public holidays will slap growth in the second quarter, bad news for the economy that has already slipped back into recession and where growth remains subtle. As Howard Archer, economist at IHS Global Insight said:
It is likely that there will be a significant hit to GDP in the second quarter, which will be partly recouped in the third quarter.
Last year, The Royal Wedding of Prince William and Kate Middleton and the extra public holiday was quoted as one of the exceptional factors that knock up to 0.5 percent off GDP growth in the second quarter of 2011.
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