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More than 400 'digital nomads' are now in Bermuda, Curtis Dickinson, the finance minister revealed yesterday. Mr Dickinson gave the number as he wrapped up his statement for the 2021-22 Budget yesterday. The one-year residential certificate programme...

Island businesses reacted to the 2021 Budget statement with mixed levels of optimism yesterday. Philip Barnett, the president of Island Restaurant Group, said: “I am feeling exhausted relief from the setting of no new taxes or increases, and the c...

Proposed spending cuts included in the 2021/22 Budget statement could be tough to maintain, an economist warned yesterday. Peter Everson, a businessman and former president of the Chamber of Commerce, said: “The hard part, as always, is will the Gove...

The Budget does very little to help the non-profit sector, charity leaders said yesterday. Jennifer Burland-Adams, the co-chair of the Non-Profit Division of the Chamber of Commerce, said that she was “disappointed” workers with registered charities ...

Plans to cut funding for unfilled public-sector posts will save the Government $20 million, the finance minister said yesterday. Curtis Dickinson confirmed a pledge made last month to “defund” vacant positions so that the cash could be used elsewhere...

When Tania Stafford went for treatment at the Mid-Atlantic Wellness Institute she felt she had been transported to a 1950s-style asylum. It was old with tatty furnishings, decades old magazines were in the reception area and a faded poster of a tall ...

The maintenance of school buildings must get better, the shadow education minister said yesterday. Ben Smith warned that renovated schools would deteriorate fast if work was neglected. Mr Smith said: “We have a lot of buildings that are old – it’s ab...

Curtis Dickinson yesterday paid tribute to Anthony Manders, the former Financial Secretary, who died unexpectedly earlier this year at the age of 59. “The void he has left has been keenly felt as we have worked through this budget process for the fir...

The Government has committed to a $10 million guarantee to support further development of the Bermudiana Beach Resort in Warwick. In his Budget speech, Curtis Dickinson, the Minister of Finance, said the redevelopment of the property – originally ere...

A “project management team” is to be created to help boost the economy, the finance minister announced yesterday. Curtis Dickinson said during his 2021-22 Budget statement that a list of 30 policy changes and initiatives had been developed to “accele...

Bermudian-based international speciality insurance and reinsurance outfit SiriusPoint Ltd launched today with more than $3 billion in initial capital. The company has been formed as the result of the previously announced merger between Third Point Re...

Welcome to this, a new ongoing Moneywise series to be featured on the last weekend of each month, which has been developed for you readers, with an appreciation of expertise from Denis Pitcher, chief fintech adviser to the Bermuda Government and tech...