The Queen proved that the credit crunch is biting inside the Palace as, appearing in Oxfordshire yesterday, she wore the same outfit as that seen at the December 2006 graduation of Prince William from Sandhurst.

Nothing too surprising about that from the lady who is notoriously careful with money – and regularly wears the same outfit - except for the fact the recycling of the royal wardrobe came on the day the Daily Telegraph reported Her Majesty has told her family to keep smiling and be frugal as the nation faces a much-hyped recession.

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