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While America’s economy has technically been out of recession for six years, it is only relatively recently that the recovery has started to make itself felt at a grassroots level. The number of long-term unemployed, those who simply gave up looking ...

The Opposition’s record in government was assailed in Parliament by Premier Michael Dunkley after the One Bermuda Alliance was condemned as lacking in transparency and accountability. “Nonsense — arrant nonsense,” Mr Dunkley said in an exchange durin...

Government overspent by almost $23 million across seven ministries in the 2014-15 fiscal year, according to supplemental estimates tabled this morning in the House of Assembly. The top “offender” was financial assistance, at $5.6 million, under the M...

Opposition Leader Marc Bean has decried the One Bermuda Alliance’s record of transparency, calling it “elusive, more so than any other time in the history of modern government in Bermuda”. The broadside came at the close of Premier Michael Dunkley’s ...

Opposition Leader Marc Bean has accused Bob Richards, the Finance Minister, of making a “bad bet” by borrowing $800 million for the Island on an expectation of rising interest rates. Those loans were approved by Parliament in 2013, with Mr Richards t...

One Bermuda Alliance backbencher Mark Pettingill likened the Opposition’s Reply to the Budget to a children’s television show, while the Opposition deemed Government’s policy uncaring and overly reliant on taxation. “Our philosophies are clearly diff...

Minister of Finance Bob Richards was called a “financial terrorist” by Progressive Labour Party (PLP) MP Lawrence Scott last night in the House of Assembly during the debate following the Reply to the Budget. Mr Scott made the comment early in his sp...

Economic diversification, tourism and solutions for the civil service were high on the agenda in Shadow Finance Minster David Burt’s Reply to the Budget. In his delivery in the House of Assembly yesterday, Mr Burt also outlined the PLP’s long-term ec...

This is serious business, Mr Editor, governing Bermuda. If you had no sense of how serious — and that’s no small “if”, you do now. The 2015/16 Budget Statement makes it pretty clear, although I agree pretty is not exactly the right word here. What m...

Everyone knew any Government Budget in these economic circumstances was not going be a lobster dinner with all the trimmings. Not only was it going be a major problem finding sufficient lobsters, but even the trimmings were in short supply. It was e...