Robert Peel (1788-1850) is regarded as the father of the modern police force. He served twice as prime minister and in 1829 established a London police force of a thousand constables which were nicknamed "Bobbies" or "Peelers". Other cities across the UK were later obliged to form their own police forces.
Interestingly, whilst looking up a few facts on the Internet to go with this picture I came across this 'Peel came to office during an economic recession which had seen a slump in world trade and a budget deficit of £2.5 million run up by the Whigs. Confidence in banks and businesses was low and a trade deficit existed'. Now, does that sound familiar to anyone?