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Government spent nearly $276 million more than it took in revenues in the fiscal year ending March 31, 2011, according to accounts tabled today in the House of Assembly. Current account expenses, which include non-cash items, were $1.27 billion. Curr...

Homeowners feel pinch February 13, 2012 Dear Sir, This Government’s economic policies are having a negative and often overlooked impact on Bermudian homeowners. Until recently, Bermudians who built or purchased homes with attached apartments have ren...

A 50-year-old mother desperate for work is now gambling on Government’s waiter-server programme to secure her any kind of a job that can help with her debts. Entrepreneur Colleen Bean-Jones drew fanfare in 2007, including a visit from then-Premier Ew...

More than the many other business closures of recent months, the announcement that the Green Lantern restaurant on Serpentine Road is to close has resonated deeply in the community. The owners of the 70-year-old institution have blamed the decision o...

At a time when it seems like many small and medium sized companies are packing their bags and leaving Hamilton, one local shop is moving into the City. Island Embroidery, which creates promotional items and garments, moved from their space on Mill Re...

As the struggle for customers becomes even more competitive in a down market, many Island business owners are looking to sharpen their customer service skills in order to attract new clients and keep the existing ones happy. More than 50 small and me...

Bermuda’s struggling economy has claimed another small business, with the Green Lantern set to close its doors with at least 12 people losing their jobs. Green Lantern’s news is the most recent in a string of closure notices. Saturday will be its la...

Computer and electronics shop iStore has closed its doors, with the Commercial Court ordering the wind-up of the company to pay outstanding debts. Winding up includes the dissolution of all legal and financial affairs of the business, but the busines...