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There has been silence so far from business as companies determine how they would be affected by government proposals that represent a radical departure in Bermuda’s corporate tax structure. The package of proposals includes deepening the take from i...

Dear Sir, It was good to read that the budget deficit for the 2021-22 financial year is expected to be less than forecast: government deficit predicted to be $44 million less than original forecast (The Royal Gazette). The following Q&A explains why...

A boost in Government revenue has caused a projected 2021/22 budget deficit to drop by 35 per cent, the Government announced yesterday morning. David Burt, the Premier and the Minister of Finance, told the House of Assembly that based on numbers subm...

When David Burt called a snap General Election in 2020, he justified it on the basis that difficult economic problems were looming and the Government needed a mandate to take the hard decisions that would be necessary. Hard times are indeed here. Pr...

A case management system that is the “lifeblood” of the island’s courts must be replaced as a priority, the Registrar of the Courts said. Alexandra Domingues noted in an annual report that the judiciary was told the funding needed to buy an up-to-dat...

Financial relief is on its way after MPs approved $5.8 million on Friday night to help workers and families struggling with rising prices. David Burt, the Premier, said the money was part of a $15 million package that includes reductions in duty on p...

The Government has refinanced $500 million in public debt, the Premier announced

“When we judge or criticise another person, it says nothing about that person; it merely says something about our own need to be critical.” — Sir Winston Churchill I have read, with a large amount of amusement, the weekly list of comments from fa...

Bermuda’s sovereign credit rating, which helps to determine the cost of the island’s debt and its ability to borrow money, has been reaffirmed by a top ratings agency. Standard & Poor’s has reaffirmed Bermuda's A+ sovereign credit rating, the Govern...

An organisation providing “critical services” to victims of domestic abuse is in financial crisis – despite receiving taxpayer cash to carry out its work. The Centre Against Abuse, co-chaired by former Progressive Labour Party chairman Damon Wade, re...

Angry complaints by users of the Pink Route ferry service that cuts have left them feeling abandoned and stranded have been dismissed by the Transport Minister. Lawrence Scott said he did not accept the views of a petition signed by more than 800 peo...

Dear Sir, I was hopeful that with such a strong majority and plenty of time left in the election cycle we would have a good chance for a meaningful Budget in 2022. Sadly, it has been another year of taking the easy option. Hard-won confidence is bein...