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Planners will have greater flexibility when considering development applications in the north east of Hamilton under legislation passed in the House of Assembly today. The North East Hamilton Local Plan will realise the area’s “sustainable economic p...

Cash handouts to poorer households would better help people to manage rising prices than a ‘blunt and costly’ freeze on gasoline prices, says Craig Simmons

Borrowers will pay more for their loans and mortgages after Butterfield Bank raised its rates in response to the historic 75 basis point increase by the US Federal Reserve

The Premier and the Opposition leader have clashed over the escalating cost of living on the island. The war of words began after David Burt, who is also the Minister of Finance, said inflation in Bermuda was lower than other jurisdictions in part be...

A charity dedicated to helping the island’s older people said many of its members wanted greater price control regulations in the face of creeping cost-of-living increases. Age Concern Bermuda highlighted that its financial hardship support totalled ...

Failure to update how official inflation figures are measured for nearly a decade has left the information “meaningless”, a former finance minister has warned. Bob Richards, the finance minister for One Bermuda Alliance between 2012 and 2017, dismiss...

The mother of all bargain sales is slated for the Leopards Club this weekend. Selling space is still available at the two-day extravaganza which was organised by Us5 Bermudians, a group of female friends whose aim is to improve their “personal socio-...

The system used to gauge inflation will be updated next year as part of a ten-year cycle, the Labour and Economy Minister said yesterday. Jason Hayward also rejected suggestions that the basket of goods used to weigh price increases had not been chan...

An emergency summit needs to be held in the next 30 days to get a grip on the cost of living, the leader of Bermuda’s biggest trade union has insisted. Chris Furbert, head of the Bermuda Industrial Union, said the Government and all stakeholders shou...

A Bermuda Climate Summit kicks off tomorrow night with international leaders invited. The forum has been convened through Tuesday by the Bermuda Business Development Agency in partnership with the Association of Bermuda Insurers and Reinsurers and Kr...

Concerns over rising interest rates hitting almost $500 million of Bermuda debt refinancing over the next ten months have been admitted by the Government. Arianna Hodgson, the Junior Minister of Finance, made the comments when responding in the Upper...

Bermuda’s sovereign credit rating, which helps to determine the cost of the island’s debt and its ability to borrow money, has been reaffirmed by a top ratings agency. Standard & Poor’s has reaffirmed Bermuda's A+ sovereign credit rating, the Govern...