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Premier Paula Cox's payroll tax reversal was an admission she got it wrong with last year's increase, Bermuda Democratic Alliance finance spokesman Michael Fahy said yesterday. Mr Fahy accused the Finance Minister of a U-turn by dropping payroll from...

Premier Paula Cox has pledged to get taxpayers more involved in the Government’s spending decisions and policy making. The Finance Minister said in her Budget statement on Friday she planned to begin work shortly on developing a more transparent meth...

The annual cost of parliamentarians’ salaries now tops $4 million, according to new figures released by Government. The highest earner is Premier and Finance Minister Paula Cox on $224,000 a year; she earns $8,000 less than Governor Sir Richard Gozne...

Cutting public sector jobs to reduce spending is not the answer to the Government's fiscal challenges, Premier Paula Cox told a business audience this morning. Speaking to members of the Chamber of Commerce at a post-Budget breakfast at the Fairmont ...

Trash will be collected five days a week in an effort to reduce overtime pay. Public Works Minister Derrick Burgess announced the move one of many cost-cutting measures revealed in Premier Paula Cox’s 201½012 Budget. Mr Burgess said changing from a f...

Hamilton Mayor Charles Gosling said the City may have to delay or cancel future projects because of Government taking over the collection of Wharfage fees. While it was announced in the budget that the City of Hamilton would be given a $5 million gra...

Millions of dollars cut from social and education programmes won't necessarily have a negative impact on their results, charity head Martha Dismont said yesterday. The executive director of the Family Centre said the challenge to stakeholders now, is...

February 18, 2011 Dear Sir, According to the 2011-2012 Budget Statement, we are projected to spend $70 million on the interest we owe on our debt. This is more than we are projected to spend on the police ($65.7 million). In short, we will give more ...