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$71m for new school Employee payroll tax to rise Ferry and bus fares face hikes Police get $766,000 more money A total of nearly $529 million will be spent by Government this year -- an increase of $17.66 million on the previous year -- and with ...

Minister Grant Gibbons warned yesterday. And he singled out a 50 percent increase in spending on building projects -- up to more than $90 million -- as well as $28 million in new borrowing as danger signals for the future. Dr. Gibbons added that comp...

The new Government inherited a situation with regard to our 1986 Tax Convention with the United States that had to be addressed immediately. Extensive discussions, two visits to Washington with a team from the Finance Ministry and a return visit to B...

The first full PLP Budget -- and the first of the new millennium -- came and went quietly. Finance Minister Eugene Cox -- dressed suitably conservatively in a dark blue suit, blue shirt and tie patterned with adding machines, calculators, paper and p...

Additional expenditure relating to Y2K totalling $201,000 was needed to replace a non-compliant fire alarm system at the Ministry of Health and a telephone system at all Prison facilities. Design fees and development costs for dock facilities for the...

registering aircraft. But the higher fares will be sweetened by the news that Government is up-dating the fleet of buses by buying five new vehicles at a cost of $1.5 million. Finance Minister Eugene Cox said Government intended to help integrate bus...

many ways won it the 1998 Election -- comes through very clearly in yesterday's Budget. There is nothing wrong with that. Focused spending on education is an investment in Bermuda's long term future, especially as the Island moves into the "new econo...

Bermuda's tourism numbers could plummet even further below last year's disappointing results, it has been claimed. And Shadow Tourism Minister David Dodwell says the current Government have overseen a decline in certain categories of visitor statisti...

Bermuda's name could be left off a list of tax havens and harmful tax jurisdictions currently being prepared by the Organisation for the Economic Co-operation and Development, it was revealed yesterday in the Budget. Bermuda has been fighting to stay...

duties on tobacco. But Finance Minister Eugene Cox resisted the temptation to garner more money from the other "sin tax'' -- alcohol -- for fear it might affect tourism. Mr. Cox announced that the duty on each cigarette will rise by 2.3 cents to ten ...