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Training initiatives and capital projects in the Budget statement would be welcome news for the building industry, according to Construction Association of Bermuda president Charles Dunstan. Mr Dunstan said he hoped to see Government continue to enco...

Financial Assistance faces a harrowing Budget tomorrow, with a $45 million cap likely — cutting it short of last year’s unprecedented $50 million. But helping agencies across the Island see no end in sight to the rise in people who need support. “Cu...

Tourism authority chiefs have pledged to focus on increasing the Island’s return on investment, whatever today’s Budget announcement holds. Meanwhile, for the Bermuda Hotel Association, it is a case of “more of the same, please” as hoteliers hope tha...

The Parliamentary Standing Committee on the Public Accounts will conduct a public hearing on Thursday at 2.30pm in the Senate Chamber at the Cabinet Building. It is expected that the Standing Committee will deliberate on matters relating to public fu...

The war of words between Government and the unions rumbled on last night with the Bermuda Trade Union Congress firing another salvo across the bows of the One Bermuda Alliance leadership. In a detailed seven-page statement, the BTUC said it was “utte...

The arithmetic is simple but compelling. In Bermuda, 43 per cent of Government spending goes toward public sector salaries and benefits. So very close to half the Government Budget is already earmarked for payroll and associated expenses before a sin...

All public schools will remain closed today due to the continuing deadlock between the Government and the unions over furlough days. Meanwhile bus and ferry services have also been suspended until midday when a further announcement is expected to be ...

Dockyard’s controversial Heritage Wharf project is expected to go more than $6 million over its original budget. Public Works Minister Patricia Gordon-Pamplin last Friday told Parliament that the project’s target price increased from an original $22....

Finance Minister Bob Richard’s recent trip to the UK to put forward Bermuda’s position on beneficial ownership cost the public purse just over $9,000. Mr Richards was in London between November 9 and 14 ahead of the Overseas Territories Joint Ministe...

Those who neglected to protect public funds during the multimillion-dollar Port Royal Golf Course restoration “must” be held to account, according to Auditor General Heather Jacobs Matthews. The financing watchdog said the project, which ran up a bil...

Bermuda’s current account fell by $108 million in the second quarter of the year compared to the same period in 2013, the latest Government figures have revealed. The current account stood at $215 million in the quarter which finished at the end of J...

Government has renewed a private company’s contentious contract to carry out emissions testing on all vehicles — despite having yet to legislate on acceptable levels of air pollution. Bermuda Emissions Control Ltd (BECL) was awarded a five-year multi...