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Premier and Finance Minister Paula Cox presented a $1.08 billion Budget yesterday which she said rejects harsh austerity measures in favour of economic growth. The package involves a year-long suspension of Government payments into the civil servants...

Police fear gang reprisals may come after a gun was brandished near Hamilton Police Station, and are stepping up patrols as a result. No one was injured in the incident on the junction of Court and Victoria Streets around 5.30pm. According to police...

The shipping industry and consumers alike will be hit hard by Government's decision to charge 25 percent duty on all goods imported for personal use, according to three of the Island's couriers. They criticised Premier Paula Cox's announcement in her...

Premier’s Paula Cox’s Budget was today criticised as a ‘business as usual’ election Budget by the Chamber of Commerce although it did praise moves to help the retail sector. Speaking on behalf of The Chamber, economist Peter Everson noted: “There wer...

The Budget fails to address major issues affecting the Island, according to Shadow Finance Minister Bob Richards. In a statement this afternoon, Mr Richards said: “We thought that they might have to raise the debt ceiling in spite of the fact that th...

The recession in Bermuda likely entered its fourth year in 2012, according to Government estimates of Gross Domestic Product (GDP). Estimated declines in GDP in the Government's latest economic figures confirmed the economy shrank for a third success...

Police will step up its operations over the weekend fearing a reprisal attack following a firearms incident last night. A Police spokesman said: "There are initial indications that the firearms incident reported Thursday evening in the vicinity of th...

Management is doing things right, leadership is doing the right things. Peter Drucker Mr. Speaker National budgets are more about people and their communities than the numbers that detail the revenue, expenditure and borrowing requirements. While the...

Premier and Finance Minister Paula Cox says the National Budget of $1.08 billion and associated economic stimulus measures should create a bridge of stability to an anticipated return to economic growth in 2013. Government added $98 million to its de...