Prince George's official fifth birthday portrait, Princess Charlotte's big pay day and is your first memory fictional: The weekend news wrap

Prince George celebrates his fifth birthday while Princess Charlotte celebrates a multi-billion dollar payday. Plus, is your first memory fictional? All the news you may have missed while you took time out over the weekend.

Prince George turns five

Kensington Palace has released an adorable pic of Prince George to mark his fifth birthday. And if you thought it look familiar, there's a reason - the snap of the beaming young royal was taken on the same day as his younger brother Prince Louis's christening photo shoot.

Leaning against the wall in the backyard of the family's London home, Clarence House, George certainly has reason to smile. His parents the Duke and Duchess of Cambridge have whisked the birthday boy along with little brother Prince Louis, three months and sister Princess Charlotte, three, to the Caribbean island of Mustique to celebrate the big day. Happy birthday George!

 

Princess Charlotte's multi-billion dollar payday

As Prince George rings in his birthday, his little sister Princess Charlotte also has reason to celebrate. According to Reader's Digest who has ranked the earnings of the entire royal family, the three-year-old is worth a staggering $6.7 billion dollars - and that's more than both her brothers combined.

But before you imagine what that means in terms of diamond-encrusted toys and designer clothes for the cashed-up Princess, that eye-watering figure is what it is estimated Charlotte will bring into the British economy in her lifetime.

Dubbed "The Charlotte Effect", when the stylish tot is seen playing with a UK produced toy or wearing a homegrown garment, sales of the product go through the roof. For example, remember the cute yellow knitted jumper from department store John Lewis that Charlotte wore in her official second birthday photographs? The affordable garment flew off the shelves in mere hours, seeing the product completely sell out.

Still, while Charlotte may come out on top when it comes to money-earning capacity, her brothers certainly aren't slouches when it comes to being style influencers. At three months old, Princes Louis is already estimated to be worth a not-too-shabby $88 million while eldest Cambridge Prince George is said to be worth a hefty $4.8 billion.

Is your first memory fictional?

Do you have fond memories of sitting in your pram, looking out at your family? Or the time you celebrated your first birthday or when you took your first steps? Then you may be amongst the close to 40 per cent of us who a new study has found have fictional first memories.

According to the study from City, University of London, the University of Bradford and Nottingham Trent University while 38.6 per cent of a survey of 6,641 people claimed to have memories from two or younger, and 893 people claiming memories from one or younger, these memories have in fact come from either a treasured photograph or a family conversation. Instead, say researchers, we are unable to form these "adult" and "complex" memories until the age of at least five or six. And middle-aged and older adults are amongst those most likely to claim these early memories as their own.

"In our study we asked people to recall the very first memory that they actually remembered, asking them to be sure that it wasn't related to a family story or photograph," explains Professor Martin Conway, Director Centre for Memory and Law at City, University of London and co-author of the paper.

"When we looked through the responses from participants we found that a lot of these first 'memories' were frequently related to infancy, and a typical example would be a memory based around a pram.

"For this person, this type of memory could have resulted from someone saying something like 'mother had a large green pram'. The person then imagines what it would have looked like. Over time these fragments then becomes a memory and often the person will start to add things in such as a string of toys along the top.

"Crucially, the person remembering them doesn't know this is fictional. In fact when people are told that their memories are false they often don't believe it. This partly due to the fact that the systems that allow us to remember things are very complex, and it's not until we're five or six that we form adult-like memories due to the way that the brain develops and due to our maturing understanding of the world."

 

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