Finance minister Bob Richards is delivering the One Bermuda Alliance’s Budget for the fiscal year 2017-18 at the House of Assembly today.
Follow The Royal Gazette’s website for live updates.
12.01pm Mr Richards is wrapping up now and in conclusion ...
Bermuda’s debt mountain is addressed in the Budget Statement as Bob Richards, the Minister of Finance, introduces increases in payroll tax, government fees and excise taxes on fuel, alcohol and tobacco.
Payroll tax increases to 15.5 per cent, with th...
David Burt, the new Leader of the Progressive Labour Party, delivered a forceful Reply to the Throne Speech yesterday, charging the One Bermuda Alliance with failing in its 2012 electoral pledges, while vowing tighter governance and oversight to a re...
DATE: Nov 15, 2016 | CATEGORY: Politics | AUTHOR: Jonathan Bell
Brexit, Britain’s controversial referendum decision to exit the European Union, was the “focal point” of Prime Minister Theresa May’s address at the Conservative Party Conference in Birmingham, environment minister Cole Simons said.
Mr Simons, who at...
By ordering Apple to pay $14.5 billion (13 billion euros) in back taxes to Ireland, the European Union has created a somewhat farcical situation. Ireland doesn’t want the money, which amounts to more than four months’ tax revenue for the small nation...
There is an increasing sense of exasperation evident among the captains of Bermuda’s offshore industry.
The same irritation is also being expressed by employees of the sector’s local satellite businesses as well as by a growing number of professiona...
DATE: Aug 26, 2016 | CATEGORY: Editorials | AUTHOR: RG: In our Opinion
This is the evolution of money market mutual funds, part two.
A little over two years ago, the US Securities and Exchange Commission adopted significant amendments to the rules that govern money market mutual funds under the US Investment Company Ac...
Discussions of a possible British exit from the European Union often centre on how the move would affect Britain itself.
It’s only natural, since British voters are the ones who will make the decision, and they care mainly about their own country.
T...
Europe is gearing up for a summer of discontent. There’s the British referendum on European Union membership, a simmering refugee crisis and an increasingly desperate European Central Bank.
Taken together, this list gives reason enough to be fearful...
Shadow education minister Lovitta Foggo believes Bermuda’s education system should take precedence over a new airport or the America’s Cup in light of the damning school reorganisation report.
While Ms Foggo said she could not place the blame for the...
