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Wayne Caines, the Minister of National Security, has responded to the Opposition’s criticism of blockchain and cryptocurrency. His remarks came after Jeanne Atherden, the Leader of the Opposition, raised concerns over the use of digital currency in t...

The Progressive Labour Party’s pro-business approach for the latest Budget got high marks from the Opposition. However, One Bermuda Alliance MP Trevor Moniz queried whether the ruling party could balance its mission with its supporters. “The Budget t...

The cost of financial assistance is expected to drop by about $1.5 million in the next fiscal year. The update came as the 2018-19 Budget earmarked $51.68 million for the programme, down from $53.55 million in 2017-18. Financial assistance has been u...

A commitment to the introduction of roadside breath tests is “a frontline priority”, despite no mention of road safety in the Budget statement. Walter Roban, Minister of Transport and Regulatory Affairs, said that handheld breathalysers were not high...

Proposals to merge or close schools should be looked at again before the Government splashes out to repair crumbling buildings, the teachers’ union has said. Mike Charles, secretary-general of the Bermuda Union of Teachers, said it would be too expen...

The Chamber of Commerce praised David Burt yesterday for scrapping “outdated policies” as Bermuda aims to compete in the modern world. President John Wight pointed to the relaxation of the business ownership 60:40 rule, which will mean foreigners wil...

An attempt to boost small businesses will be revealed this morning in David Burt’s first Budget. Sources said that the Premier and Minister of Finance would announce a plan to make it easier for smaller companies to compete for government contracts. ...

David Burt, the Premier and Minister of Finance, today delivered the Budget Statement for 2018-19. Here are the main highlights: • “This Budget will ease the burdens for the single mother and the struggling family with a tax cut that will increase th...

The Budget will focus on sparking economic growth in Bermuda, the Premier said last night. David Burt, also Minister of Finance, told an audience at St Paul Centennial Hall that any tax increases in the looming Budget would be “small and targeted”. H...

A relaxation of the business ownership 60:40 rule to boost investment by permanent resident’s certificate holders was signalled yesterday by David Burt. The Premier, who also holds the position of Minister of Finance, said too much money earned on th...