or what we were trying to do, our duty in that situation was actually the opposite, to keep wallstreetbets online. so we did take a closer look here, but, really, we were making sure the community didn t break. because a lot of people were coming to reddit for that experience. with reddit keeping wallstreetbets up, it now seemed unstoppable. can i ask how much you lost in total? no, i mean. i think the fund was down approximately, i don t even know. 18%, 19% 18%, possibly. how much is that in cash terms? i won t discuss that. that figure is certainly in the millions, and likely the tens of millions. but then something happened. one of the biggest trading apps used by amateur investors, called robinhood, based here near san francisco, made a crucial decision. it and other trading apps were happy for people to sell gamestop shares, but it wanted to restrict people
countryside. get a bit more bang for your buck. that has been reflected in the halifax s figures. we are in taunton in somerset. the housing market is not quiet here. at 21% increase in house prices, above the uk average of 6%. in cash terms, around £55,000 by taking the average house to around 300,000 in taunton. good transport links, lots of good schools and very close to beautiful countryside as well. when we are talking about some of the house prices that have fallen. in london for example, it does not get into the top 20 hotspots, as they say. in fact, westminster in central london recorded the biggest fall we can talk to louise glanville from knight frank estate agents.
really, police officers, and say oh no, you need to stick to three or 4%. i haven t read all the documents yet, i have seen nothing on that and thatis yet, i have seen nothing on that and that is 6 million workers and the pay review bodies are not due to report untiljuly. the pay will be set up 3%. another thing, they will get the real terms pay cut next month. ., , get the real terms pay cut next month. . , ., ., , , month. that is going to focus minds in terms of month. that is going to focus minds in terms of people month. that is going to focus minds in terms of people wanting - month. that is going to focus minds in terms of people wanting to - month. that is going to focus minds in terms of people wanting to call. in terms of people wanting to call for pay rises. the in terms of people wanting to call for pay rises- in terms of people wanting to call for pay rises. the government has ut for pay rises. the government has put evidence for pay rises. the government has put ev
expected was the real surge in inflation we have seen this year. we just to the economic recovery and then hit by large increases in house prices and prices as you covered in your piece there. we have 4% wage growth in cash terms, which is actually not bad, the better than precrisis measures, but would now prices above 5% and in the spring it might be heading towards 8% once we get that energy cap and others before taking into account potential caps on food prices due to the war in ukraine, so it is going to be a really bad year in terms of living standards for many households up and down the country. you standards for many households up and down the country. down the country. you have pointed out that unemployment down the country. you have pointed out that unemployment has - down the country. you have pointed out that unemployment has fallen. l down the country. you have pointed i out that unemployment has fallen. we have something of 75% of the population actually in work and bri
paying that, and the point at which we pay more, are being frozen for four years. as prices go up, the amount we pay is more. so this month, you will see, in cash terms, you will see your take home pay go down as a result of the national insurance increase. you won t see your take home pay go down as a result of the freezing of the tax threshold. but as your pay hopefully goes up over the year, more of your pay will be taken in income tax because that income tax threshold has not been increased in line with inflation. you need to increase it every year in line with inflation to keep the tax burden the same. the fact it is not being increased is a tax rise even though it won t take any more, you won t feel it in your pay packet in the same way this month as you will feel the impact of the national insurance change. all of this comes at a time of rising energy, water