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Government increased spending and borrowing sharply in yesterday's Budget to continue its social programme of improvements in schools, health, housing and transport. Motorists, smokers, drinkers, taxi drivers, cellular phone owners, and air passenger...

Bermuda's top detective, Superintendent Vic Richmond, is understood to have given notice of his retirement -- just days after he was turned down for the post of Assistant Commissioner. The 34-year veteran -- believed to be bitterly disappointed after...

Buoyant business sector offsets tourism slump By Sue Stuart 2.9 percent GDP predicted for 2001 Registered companies up 10 percent 94 new insurance companies domiciled Tourism arrivals fall by 7,000 A prediction of a slow down in the growth of th...

percent -- with big International businesses not getting the break they had hoped for. In what the Government sees as a compromise, high earners in both the local and international fields are going to pay less tax, and the total collected is expected...

in the growth of the US economy this year. The Economic Review compiled by the Ministry of Finance saw Government acknowledge that real gains in the tourism picture are not likely to happen soon. But Government's success in demonstrating the excellen...

There is essentially no change in land tax across the board. But a new tax band has been introduced for higher end Annual Rental Values of $90,000 or over or the top two percent. However, the Minister said that in cases where, for example, an elderly...

budget by seven percent this year. Finance Minister Eugene Cox said education remained one of Government's top priorities, allocating it one of the largest increases in his 2001 Budget. Last year the Ministry was given a budget of $85.7 million. This...

irresponsible increase in spending against a slowdown in the economy''. He said the "little man'' would have to pay in tax hikes to finance the spending increases. Dr. Gibbons said it was appalling that there was no major initiative to tackle the dec...

allocation from the Budget -- as the Ministry was forced to slash $3.3 million and make do with a small overall revenue increase. Overall, Tourism Minister David Allen's budget rose from $36.79 million last year to $37.56 million for 2001-2002 -- an ...

By Mairi Mallon The Island's struggling shopkeepers yesterday said they were "very disappointed'' at the lack of provision for them in the Budget. They said that the Budget would lead to a rise in costs and still had not addressed the Progressive La...