Penny Lane was a place in Liverpool that we were very nostalgic for. It was a terminal where John and I got the bus to go to each other’s houses. And all the things in the song are true. We never saw a banker in a plastic mac – we made him up – but there was a barber, there was a bank. There was a fire station. Once there was a nurse selling poppies – a lot of people thought the lyric was ‘selling puppies,’ but we’re saying ‘poppies,’ which is a Remembrance Day thing for the British Legion. It was all true, basically.