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Both Opposition parties yesterday accused Premier Paula Cox of using external factors as an excuse for her own shortcomings and failing to get to grips with Bermuda’s economic crisis. Shadow Finance Minister Bob Richards said Ms Cox had missed a grea...

Programmes to help at-risk young people and small businesses were two victims of Premier Paula Cox’s cost-cutting Budget yesterday. The Mirrors programme repeatedly heralded for turning around the lives of young men and women since its launch four ye...

Premier Paula Cox yesterday cut payroll tax, hoping to stimulate the economy and lead Bermuda into recovery from recession. Reversing the unpopular two percentage point rise she imposed last year so payroll tax returns to 14 percent Ms Cox says she’s...

United Bermuda Party leader Kim Swan yesterday urged Premier Paula Cox to take his party's advice as she prepares to deliver her first Budget as leader of the Country. Mr Swan said the Island would be in much better shape if Government had heeded the...

Michael Fahy believes Bermuda’s economy can only be saved if Government owns up to its failings but he thinks we’re going to be waiting a long time for that to happen. “Be ready for the Premier to blame a worldwide downturn for the problems we face, ...

All Ministries are braced for cuts as Premier Paula Cox prepares a Budget many believe is the toughest Bermuda’s ever faced. Economist Craig Simmons warned an aggressive austerity Budget tomorrow severely cutting back on Government or public spending...

Government would have enough money to largely pay for Bermuda’s new hospital if it had kept its running costs in line with its tax revenue during 2010/11, according to Peter Everson. The Chamber of Commerce’s economic chairman put recent Government c...

Bob Richards hopes that, this time, people aren’t going to dismiss his advice as more scaremongering from Jeremiah the Prophet of Doom. Growing unemployment, folding businesses, wage freezes and overtime cuts all mean nobody is now unaware how badly ...