In a week which has seen England prepare to lift COVID restrictions, Hammerson announce the end of rental concessions for their tenants and the world's top golfers compete at Royal St George's in the 149th Open, The Weekly has done its best to condense the news from the last seven days into five quick fire questions to test you over your Sunday morning breakfast.

Questions:

1. This week, digital bank Revolut became the UK’s highest valued privately owned start-up. The six-year-old company reached a valuation of £24bn in its latest funding round, making it more valuable than NatWest. Earlier this year the Government’s Digital Economy Council revealed that there are now eighty-one privately held start-ups in the UK worth more than $1bn, up from only eight in 2010. Start-ups valued at over $1bn are known as unicorns, but do you know why?

2. Cromwell Property Group has joined forces with Finnish-based real estate manager Dasos Capital to establish a €1bn (£850m) Pan-European fund. The open-ended fund will target an initial first close of €100m by the end of the year. The fund will have a sustainability and carbon neutrality focus and will be the first of its kind, but do you know the reason why it will be so unique?

3. After a one-year delay, the Tokyo Olympics will finally begin on Friday, with the Opening Ceremony taking place at Japan’s National Stadium. The Olympics will be followed by the Paralympics which begin on August 24th. Team GB's Dame Sarah Storey will be looking to add to her tally of fourteen Paralympic medals in her eighth Paralympic Games. Despite competing in the velodrome in Tokyo, though, not all of her medals have come whilst riding a bike. In what other sport has Dame Sarah Storey won Paralympic gold medals?

4. There was relief across West London yesterday as Hammersmith Bridge was finally reopened, one year after its full emergency closure in August 2020. However, the news isn’t all positive as the reopening was only for cyclists and pedestrians! Hammersmith Bridge has been closed for vehicles since April 2019, causing motorists to endure round trips of up to two hours to cross the Thames. The 134-year-old bridge is in need of £161m worth of repair works (with Whitehall only committing to a third of the cost). How long is it estimated to remain closed for cars?

5. On the eve of ‘Freedom Day’ many English households will be stocking up the drinks cabinet ready for a celebration. However, not many wine racks will have been topped up to the tune of £76,000. Yet this is the figure which has been spent to make sure there is a sufficient tipple in the Government's wine cellar, located below Lancaster House. The Foreign Office, who runs the cellar, has offered its assurances that the wine purchases are 'self-funded' through the sale of other high value wines and not by the British tax payers! Can you guess how many bottles of wine are estimated to be stored under Lancaster House and their overall estimated value?

Enjoy your Sunday.

The Weekly

Answers:

Photograph caption. 10 years. David Cameron, Theresa May, Boris Johnson.

1. Due to their rarity. Unicorns may be rare but decacorns (start-ups with a value over $10bn) are even rarer.
2. The fund will invest solely in wooden buildings.
3. Swimming.
4. A further six-years!
5. 39,000 bottles, £2m