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A damning independent report on the restoration of the Port Royal Golf Course was criticised by former members of its board of trustees, who defended the project going more than $10 million over budget. “We built a course that Bermuda could be proud ...

“Your wallet is likely to take a small hit this year and next — but it could see some improvement by 2017.” Even so, the Island stands to lose hundreds more jobs this year. Offering the “brutal facts” from the 2015-16 Budget — plus some tentative pro...

The Public Accounts Committee is set to hold a public hearing tomorrow on the Port Royal Golf Course project. The project ran up a bill of more than $24 million between 2007 and 2011, despite initially being budgeted at $4.5 million. During tomorrow’...

Legislators approved nearly $23 million in overspending for Government’s 2014-15 budget in a marathon session of the House of Assembly that finally concluded at 4.15am. Opposition Members of Parliament criticised several ministers for being unprepare...

The People’s Campaign will host a public forum on the impact of the annual Government Budget on Tuesday night. Panellists including Shadow Finance Minister David Burt, Chamber of Commerce president Kristi Grayson, BIU president Chris Furbert and BPSU...

Michael Weeks, the Shadow Minister for Community, Culture and Sport, has berated the Bermuda Government for its “across-the-board cuts” to services that struggling families depend on. Mr Weeks described the budget cuts outlined by Patricia Gordon-Pam...

Programmes to help businesses set up have already started to bear fruit, according to Grant Gibbons, Minister of Economic Development. Dr Gibbons hailed the work of the Bermuda Business Development Agency (BDA) and the Business Development Unit in he...

Government funding for the financial assistance programme has increased by 5 per cent for the upcoming financial year. But the rest of the Ministry of Community, Culture and Sport has been subject to significant cash cuts to tackle Bermuda’s debt cri...

The construction of Bermuda’s first solar farm near the airport is still potentially on the cards, Economic Development Minister Grant Gibbons has revealed. Dr Gibbons told the House of Assembly on Wednesday that the Department of Energy would develo...

Bermuda will continue to look to the space and satellite industry in the next financial year to generate extra revenue. Economic Development Minister Grant Gibbons told the House of Assembly that capital funding of $390,000 was dedicated to Satellite...

The Registrar of Companies Department is predicted to bring in more than $65 million in revenue in the next financial year, according to Economic Development Minister Grant Gibbons. Dr Gibbons told the House in his Budget presentation yesterday that ...

High running costs for long-term care facilities such as the Lefroy House Care Community and the Sylvia Richardson Care Facility may not be sustainable, Minister of Health, Seniors and Environment Jean Atherden told the House of Assembly on Monday. S...