Cheltenham Winners | Spring Statement | Impressive Maths

The Weekly is sure everyone has dreamed of winning the lottery at some point in their life. To spend the winnings on a luxury holiday or to put the children through university? Well, for one lucky punter that dream became a reality at the Cheltenham Festival this week, when he turned his £2 bet into £182,567.80. The once-a-year gambler 'predicted' (guessed?) four winners (and two places) out of six of the opening day’s card on his annual coach trip to the Festival. Other big winners included professional golfer Lee Westwood who was also in luck with a bumper pay-out of £48,000. However, the winnings aren’t the only impressive figures emanating from one of the country’s most scenic racecourses. Cheltenham-based commuters were advised to find alternative ways to travel to work during the week, with 137,500 people said to have passed through the two platforms at Cheltenham Spa Railway over the four days. Despite the queues, locals won't be disgruntled for too long, with the Festival alone adding £100 million to the Gloucestershire economy each year! 

With the majority of property eyes on MIPIM this week, Philip Hammond took a welcomed break from the Brexit chaos on Wednesday to announce his Spring Statement, which includes a new £3bn Affordable Homes Guarantee scheme, that will be used to support borrowing for Housing Associations. Additionally, the Government has committed to allocating a combined £1.16bn from the Housing Infrastructure Fund to develop up to 37,000 homes in West London, Cheshire, Didcot and Cambridge, as well as over 22,000 homes within the ‘Oxford-Cambridge Arc.’ The Government recently further outlined its ambition to build one million new homes in the Oxford-Cambridge Arc by 2050. This staggering objective looks to tackle housing affordability issues faced by many in the area, alongside adding to a corridor that the Government stated 'has the potential to be the UK's Silicon Valley' in their Industrial Strategy White Paper in November 2017. Estimates by the National Infrastructure Committee suggest that, the annual output of the corridor could increase by £163bn per annum by 2050, approximately doubling the growth expected to happen without Government intervention! 

World records are often broken by the finest of margins. Take the 100 metres as an example. Usain Bolt broke his own record in 2009 by the slender margin of 0.11 seconds. That makes it all the more impressive that this week a world record has been broken by a figure of 9 trillion! Emma Haruka Iwao, a Google employee from Japan has broken the world record for calculating the value of pi to a huge 31.4 trillion digits! The calculation required 170 terabytes of data (the equivalent to 34 million songs) and took 25 virtual machines 121 days to complete. Ms Iwo hopes to expand her work and calculate pi to even more digits in the future. Apparently, the current 31.4 trillion digit record would take 332,064 years to say out loud... The Weekly will be sticking to 3.14 for now!