In June 2010, President Obama awarded Paul McCartney the Library of Congress Gershwin Prize for Popular Song. At the concert which followed, Elvis Costello paid his own tribute with a very sincere reading of “Penny Lane”, with a member of the President’s United States Marine band playing the piccolo trumpet.
Costello is one of the very few latter-day pop writers to rival McCartney as a melodist. Listen to “London’s Brilliant Parade”, from 1994’s Brutal Youth album, and see if you hear in it as I do another homage to “Penny Lane”.
“London’s Brilliant Parade” http://grooveshark.com/#!/s/London+s+Brilliant+Parade/32ivWr?src=5
Every Moment Has A Song 