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Landscaping has become one of the pressure points in Bermuda’s recession. There are several reasons why. It is a sector of the economy which has been heavily dependent on foreign labour and thus is one of the “buffers” in the economy where Bermudians...

Government got slammed last week for underestimating by $10 million the amount of money that would be required for financial assistance in the current financial year. Estimating claims in a weakening economy is always going to be difficult. But the ...

MPs are today expected to discuss plans to boost business in St George’s and Somerset with Economic Empowerment Zones. The proposals which include areas such as the town of St George in the East and Mangrove Road in the West are intended to help smal...

The annual rate of inflation hit 2.2 percent during January 2011, according to the latest figures released by Government. The Consumer Price Index revealed that inflation was at its lowest since August 2010 when it was two percent. The health and per...

The recession is behind us, times have changed and it’s time to get back to business. That will be the key message for the Society of Trust and Estate Practitioners Caribbean Conference which will be held at the Fairmont Southampton between May 16 an...

Premier Paula Cox said today that the OECD Global Forum in Bermuda this year will provide a shot in the arm for both the Island’s tourism and international business sectors. The Organisation for Economic Cooperation and Development has sent out offic...

One in four people believe Government can turn around Bermuda’s economic woes. Twenty-five percent of voters in a new poll by Mindmaps said they were confident in Government’s ability to develop policies to improve the economy. Thirty-three percent s...

After 21 years of business, Annie Young is preparing to close her store, True Reflections. “It feels like I’m losing a family member,” she said yesterday. “We had a lot of people coming here for the last 21 years. We’ve seen them grow up.” Describing...

PARIS (Bloomberg) Finance ministers from the Group of 20 nations signalled concern that surging commodity costs are driving inflationary pressures around the world. French Finance Minister Christine Lagarde, whose country chaired the meeting, said at...