In a week which has seen Ofgem confirm that energy prices are going to rise 'significantly' from April 2022, Boris Johnson push his levelling-up programme at the Conservative Party Conference and Tyson Fury defeat Deontay Wilder in Las Vegas to retain the WBC Heavyweight title, The Weekly has done its upmost to condense the news from the last seven days into five quick-fire questions for its readership to tackle. Whether you're at the breakfast table, or perhaps in yet another queue at the petrol station, good luck!

Questions:

1. St. James’ Park was a scene of jubilation on Thursday night as confirmation came through of a Saudi Arabian-backed takeover of Newcastle United, ending Mike Ashley’s fourteen-year tenure as the club's owner. The takeover sparks a new era for Newcastle United with a high volume of investment expected not only into the club, but also into the city. However, as the dust settles on the news, there are numerous issues still to be resolved. How will Saudi Arabia’s human rights record reflect on the club? Will the Premier League explain how it came to a different resolution only eighteen months after they had previously prohibited the takeover, and of course, will Newcastle United manage to avoid relegation this season? One thing is for sure, Newcastle United will look to spend big during the January transfer window. The current richest club in the Premier League is Manchester City, with their owner Sheikh Mansour’s net worth measuring a whopping $31bn. What is the net worth of Newcastle’s new owners, the Saudi Arabia Public Investment Fund?

2. This week, Savills revealed that UK investment volumes for industrial and logistics space had reached £10.8bn at the end of Q3, already surpassing 2020’s annual total of £10.2bn. During the quarter, investment volumes were more than £3bn, making it the second highest Q3 on record. Meanwhile, occupational take-up was 13.2m sq. ft, with quoting rents rising by as much as 20% in some locations. Research also released this week by Catella reported that the current European average logistics yield now stands at 4.98%, forty-three basis points lower than this time last year. Continued investor appetite and rising rents have seen prime industrial yields driven down to 3.60% in London, with Goodman’s acquisition of Mowlem Industrial Estate in Tottenham in August reflecting an even lower, eye watering net initial yield of 2.54%. According to Catella, only two European cities currently have lower prime industrial yields than London. Can you name them?

3. This week REMIT released their September Quarter Rent Collection statistics. The overall average for rent collected on the due date (September 29th) was 57.4%. Although The Weekly agrees this doesn’t sound very high, it is the highest quarterly due date collection rate since the beginning of the pandemic. The Day 90 statistics from the June Quarter also made for interesting reading. Overall rent collection stood at 88.8%, the highest 90-day percentage since March 2020. This may seem like a positive figure, but, according to REMIT, do you know how much commercial rent remains unpaid since March 2020?

4. Andy Murray took to social media this week, not to drum up support for his wildcard entry at Indian Wells in California, but to ask for help in finding his tennis shoes! Murray had left his shoes underneath his car to dry them out after training but on returning the next morning they had disappeared. Amazingly, they were returned less than twenty-four hours later. Why was Sir Andy so concerned about the loss of these tennis shoes and ‘in the bad books’ of his wife?

5. The Scottish Fire and Rescue service were called to a false alarm on Friday morning in the town of Kirkcudbright as most of the rural Scottish town had been left without any electricity. It was revealed that the culprit, Greg Collier-Jones was transporting something from the church yard to the primary school when it connected with overhead electrical cables. Can you guess what Mr Collier-Jones was moving at the time to cause such massive disruption?

Answers:

1. $431 billion. They are richer than the rest of the Premier League’s owners combined.
2. Berlin (3.30%) and Munich (3.40%).
3. £6.97 billion.
4. He attaches his wedding ring to his laces while he trains and had forgotten to take it off!
5. A fully rigged Viking longboat.