Log In

The Chamber of Commerce praised David Burt yesterday for scrapping “outdated policies” as Bermuda aims to compete in the modern world.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...

The Bermuda Government will borrow an extra $90 million in 2018-19 and put back the date to balance the budget by another year. David Burt’s maiden Budget yesterday focused on economic stimulation at the expense of austerity. One of the results is th...

David Burt has pledged $3 million to help bolster Bermuda’s battered bus fleet. The Premier and Minister of Finance said during his Budget Statement: “Rebuilding the bus fleet is a priority for this Government as we support public transport.” He sai...

Traditional barriers in Bermuda are to come down as the island opens some doors in a bid to boost the economy with foreign investment. David Burt, the Premier and Minister of Finance, announced an end to the 60:40 rule to guarantee Bermudian majority...

The Bermuda Government stands to reap millions by tightening payroll tax on notional salaries in owner-managed businesses. Branded an “often-abused part of the payroll-tax system” by David Burt in his Budget speech, notional salaries were estimated t...

Seniors will see their pensions rise at the same rate of inflation for the rest of the Progressive Labour Party’s tenure. However, Charles Jeffers, an advocate for the elderly, warned that seniors would continue to struggle because of the soaring cos...

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. ...

The salary bill for David Burt’s two-member personal staff comes in at $227,000. Mr Burt, the Premier, said a total of four people were employed under the Premier and Opposition Leader Personal Staffs Act 1983. The information was revealed in resp...

One Bermuda Alliance MP Craig Cannonier has been described by sources close to the party as angry about a reshuffle that has returned Michael Dunkley, the former premier, to the Opposition’s front ranks. Mr Cannonier’s tenure as premier ended abruptl...

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...