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XNY The new Budget fits in the same pattern as those presented by the former United Bermuda Party Government -- it is conservative and without any real handle on the economy, an economist has told The Royal Gazette . Craig Simmons, a Bermuda College...

Bermuda's international business sector came out in support of what was generally characterised as a modest first budget by a new Government with indications of a more aggressive approach to come next year. Most said they had expected such a budget g...

When the PLP's first budget is unveiled today, the Island's lawyers are hoping there will be some indication that Government is ready to completely overhaul the Island's shoddy courts. The situation has become so dire that the parties involved in two...

Development, Opportunity and Government Services Minister Terry Lister yesterday said the door is open for any contender to take over the development of the 250-acre Morgan's Point property. Mr. Lister said since Morgan's Harbour Investment Ltd. has ...

One of the investors who competed for a chance to develop the 250-acre site at Morgan's Point is calling on the Bermuda Land Development Corporation (BLDC) to re-open up the bidding process. The call comes after The Royal Gazette yesterday revealed t...

Where ever there are large companies operating on a global scale and loads of money, you can also expect lots of legal disputes. The in-fighting of one of Europe's oldest dynasties over $2.8 billion in assets is not only exciting media attention worl...

Island in the third quarter, resulting in an 18 percent decrease in current account surplus compared to the same period last year. Bermuda had an estimated current account surplus of $70 million during the three months to September 30, $15 million le...

the financial year ended March 31, 1998, according to figures submitted by the Minister of Finance to the House of Assembly. Revenues were up $40.07 million or 8.4 percent on the previous financial year, while expenses rose $26.13 million or 5.9 perc...

proposal that has serious business implications for Bermuda thriving financial services industry -- has broken into the fore between the UK and member states. This week UK Prime Minister Tony Blair vowed Britain will "stand alone'' and use its veto t...

evasion in the Channel Islands and the Isle of Man is a harbinger of what other offshore territories could face under a tough new approach. This week Britain's Home Secretary Jack Straw released a report warning that the battle against financial crim...