Strike activity in the first quarter did not stop Egyptian gold miner Centamin from posting an increase in production compared to a year earlier.
Total gold production for the quarter was 49,071 ounces, a 9% increase on the corresponding quarter in 2011. Despite industrial action hitting production, gold output was only marginally below budget, the company revealed.
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Steve Webb: The triple lock is there to do a job. I’m not embarrassed or ashamed of itThe triple lock means 13 million pensioners will now get an above-inflation state pension boost in April. While the rising cost of the policy has stirred controversy, Steve Webb, who served as pensions minister when it was introduced, argues the triple lock is vital and should stay. Webb speaks to Kalpana Fitzpatrick on the new episode of MoneyWeek Talks – out now.
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How retirement pots risk running out 11 years early if inflation remains highPension savers could find their retirement income may not last as long as they anticipated over fears that inflation may not slow down
