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Four key triggers for jobs recovery have been targeted to kick start growth, the economy and labour minister told the House of Assembly today. Jason Hayward said the recovery plans were aimed at powering Bermuda out of the economic crisis caused by ...

The City of Hamilton is littered with shuttered buildings and other vacated commercial premises, some that once housed thriving businesses. It is a visual indicator of the island’s economic troubles and a focus as parliamentary budget discussions be...

Bermuda can expect to grow the economy by 2.5 to 4.5 per cent from next year, the Government’s National Economic Report of Bermuda has predicted. The 2021 report, released alongside the annual Budget statement, said the island could expect an increa...

A blue ribbon advisory panel says the Government has no clear guide to sticking to its 2021-22 spending allocations

Lawyers have highlighted a report that Bermuda could be added to the European Union’s “grey list” on tax

A crackdown on gang violence is needed to shake Bermuda out of its acceptance of gun crime, the Leader of the Opposition said yesterday. Cole Simons demanded a tougher response from David Burt, the Premier, in the aftermath of a string of shootings t...

A $43.3 million deficit was recorded by the Government in the first half of the financial year, the finance minister revealed yesterday. Curtis Dickinson told MPs that the “all inclusive” deficit, which included capital spending and debt service...

An insurance company founder who took advantage of the work from Bermuda scheme said the move boosted her mental health as well as her business. Ashley Hunter, of US-based HM Risk Group, added that she “absolutely loved” her 12 months on the island t...

Throne Speech plans to get jobless young people back to work have been welcomed by social services agencies – but the Opposition demanded specifics on the proposals. The speech, delivered by Rena Lalgie, the Governor, on behalf of the Government, ple...

More than $23 million is thought to have been injected into the economy thanks to the work from Bermuda programme. Jason Hayward, the Minister of Labour, said that 638 people took up the scheme and 206 families still lived on the island as a result. ...

Young entrepreneurs and the “gig” economy could be the engine that drives Bermuda towards economic recovery and full employment, according to a top economist. Craig Simmons said that, while large corporations had adapted technology in order to reduce...

Plans to develop a National Digital Bank in Bermuda have been discussed by the Financial Policy Council. It welcomed the Government’s efforts to produce a feasibility study and business plan to assess its potential and viability. It also recommended ...