A case of the haves and have yachts

A Conservative Minister, close to Prime Minister David Cameron, suggested that the country, teetering on the edge of a new recession, its politics racked by 2.5 million unemployed people and harsh public spending cuts, give Queen Elizabeth II, one of the world's richest women, a gift of well, er, a yacht. And no ordinary yacht: a $90 million, high-masted, oceangoing yacht with staterooms and polished brass and a crisply uniformed crew to pipe Her Majesty aboard.

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