Record numbers of homeowners are making a new year’s resolution to sell their properties, with Rightmove’s House Price Index for January showing a 1.7% monthly increase in average asking prices, the largest since 2020. Buyers are rushing to beat rising house prices before stamp duty thresholds decrease in April, prompting a surge in new sellers and increased buyer demand, although uncertainties about interest rates and tax changes loom ahead.
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Top shale boss says US oil companies will not flock back to Russia
US oil producers, including Continental Resources' Harold Hamm, are hesitant to invest in Russia despite talks of a peace deal, citing past losses and geopolitical risks. ExxonMobil and Chevron have previously scaled back operations in Russia due to sanctions, with analysts cautioning against hasty returns. Hamm supports Trump's tough stance on sanctions and tariffs, emphasizing US LNG exports for European energy security and praising the president's accomplishments in his first term. Full Article
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