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David Burt, the Premier and Minister of Finance, today delivered the Budget Statement for 2018-19. Here are the main highlights: • “This Budget will ease the burdens for the single mother and the struggling family with a tax cut that will increase th...

David Burt faces a crucial balancing act tomorrow with his first Budget as Premier, former premier Sir John Swan warned. Sir John called Mr Burt “the best of the best that we could have to lead the Progressive Labour Party”. “Not only does he have th...

Bermudians will not have to hold their breath any longer as the 2018-19 Budget Statement will be tabled on Friday. This will be David Burt’s maiden budget as Premier and Minister of Finance, and it will set the tone for Bermuda’s fiscal policy going ...

I don’t think there is much glamour in having the job of Premier of Bermuda any more; even if we were to take into account the transitional years of Sir Henry Tucker, who was climbing through the wall of segregation. At least for him, there was the o...

The Premier launched a new campaign yesterday to combat money laundering. Mr Burt, also the Minister of Finance, said the campaign would recruit the entire island in a bid to fight financial crime. The campaign, called “Just Good Business”, will high...

David Burt says his trip to the World Economic Forum in Switzerland has been more fruitful than he had expected. Speaking from Davos today, the Premier said he had spoken with leaders of some of the world’s largest technology companies, including Eri...

A relaxation of the business ownership 60:40 rule to boost investment by permanent resident’s certificate holders was signalled yesterday by David Burt. The Premier, who also holds the position of Minister of Finance, said too much money earned on th...

David Burt has vowed to communicate and listen more as the Progressive Labour Party tackles inequality in 2018. Delivering his new year’s message yesterday, the Premier said introducing a living wage and reducing the high cost of living in Bermuda wo...

David Burt, the Premier, was among the speakers at a two-day conference on infrastructure held in Jamaica this week. The Caribbean Infrastructure Forum, which was held on Monday and Tuesday at Montego Bay, focused on the development of essential infr...

The Bermuda Government has negotiated a $135 million loan agreement with Butterfield Bank, David Burt announced today. The Premier said the loan, which will cover the 2017-18 fiscal year and a portion of the 2018-19 year, was called for under the One...

Bermuda is being unfairly targeted by international groups which show a “wilful lack of understanding” of the global economy, David Burt said today. The Premier insisted some European officials said the island is on the right track with its efforts o...