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The Government’s multimillion payout on the stalled Caroline Bay development at Morgan’s Point was highlighted in last Friday’s Budget speech. Curtis Dickinson said that $182.4 million had been borrowed to date. However, Mr Dickinson insisted that th...

A million-dollar plan to boost economic projects in the North East Hamilton area must have a high level of accountability, a former Progressive Labour Party minister said yesterday. Dale Butler added that a $1 million grant to the Bermuda Economic De...

A mobile app to allow the public to compare grocery prices in different shops is to be developed, the finance minister said in the Budget speech. Curtis Dickinson said that the Government understood that food prices were a major factor in the cost o...

The government plan to boost foreign investment by turning the 60:40 rule designed to guarantee Bermudian control of island companies on its head is doomed to failure, a former Premier predicted yesterday. Curtis Dickinson, the finance minister, said...

The effort to collect overdue taxes is to be stepped up, the finance minister warned yesterday. Curtis Dickinson said a tax amnesty could also be introduced to help claw back some of the cash owed by taxpayers. Mr Dickinson said taxpayers would be gi...

Bermuda’s new Budget has the “largest capital spending plan in a decade”, the finance minister said yesterday. Curtis Dickinson said the financial blueprint for the year had “increased grants and contributions to invest in our communities”. He said...

Young people who get too old for the island’s care system could soon be supported by a halfway house to help them deal with the move into adulthood. Curtis Dickinson, the Minister of Finance, told MPs: “In the 2020-21 year, a transitional living regi...

Police are to get their smallest budget for nine years after a $4 million cut yesterday. Figures released as part of the Budget Statement showed that the amount allocated to the island’s law enforcers for 2020-21 was $61.8 million. The original and r...

The One Bermuda Alliance Senate leader tipped as the party’s rising star has quit to pursue new opportunities abroad, it was revealed yesterday. Nick Kempe, who is also shadow finance minister, will stand down and move to Spain. Mr Kempe said: “As a ...

Legislation for the management of the fortunes of the super-rich was signalled in the Budget. Curtis Dickinson, the Minister of Finance, said the island aimed to court “ultra-high-net-worth individuals who require a different wealth-management model ...