Log In

Management is doing things right, leadership is doing the right things. Peter Drucker Mr. Speaker National budgets are more about people and their communities than the numbers that detail the revenue, expenditure and borrowing requirements. While the...

Premier and Finance Minister Paula Cox says the National Budget of $1.08 billion and associated economic stimulus measures should create a bridge of stability to an anticipated return to economic growth in 2013. Government added $98 million to its de...

The continuing deterioration in the economy means that Premier and Finance Minister Paula Cox is caught between a rock and a hard place as she prepares to deliver the Budget tomorrow. The growing budget deficit, and all indications are that it is wor...

Shadow Finance Minister Bob Richards has predicted that Premier Paula Cox will deliver an “election Budget” tomorrow. Mr Richards said that Bermuda faces an economic crossroads. “The miracle is starting to fade,” he said. “What we are looking for at ...

Changes to taxes for personal imports, a modest increase in “sin taxes” and removal or reduction of subsidies and tax relief are almost certain to feature in the Budget Statement to be delivered on Friday. Government will likely also take advantage o...

Cayman Islands media are playing up Bermuda’s spending and debt in growing tug-of-war over the Island’s lucrative reinsurance industry. “Bermuda’s government spent nearly $276 million more than it raised in revenues in the fiscal year ending 31 March...

The Opposition One Bermuda Alliance has harshly criticised Government over its latest financial results. And it has charged that a proposal to public sector workers to freeze pension contributions in exchange for a pay cut is a strategy to avoid rais...

Shadow Finance Minister Bob Richards has again criticised Government’s handling of the economy saying budgeted expectations were “not even close” to actual figures. Last week, Auditor General Heather Jacobs Matthews issued a qualified opinion on the ...