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“The next Progressive Labour Party government will focus its efforts on attacking Bermuda’s cost-of-living problem. Our policies must reduce the cost of living across all areas, including healthcare, housing, food and electricity, to ensure that Berm...

This is the last in an eight-part series that takes an incisive look at the Bermuda economy, historically from our humble beginnings to the 21st century and the challenges faced by the Progressive Labour Party government Of the 65,000 people living ...

European Union documents have confirmed that Bermuda will be removed from the bloc’s tax blacklist tomorrow. Finance ministers from the 28 member countries are due to convene in Brussels for a meeting of the Economic and Financial Affairs Council. A...

A recession in the US is unlikely to happen this year or next, Schroders Wealth Management’s chief investment officer said. Caspar Rock was speaking to an audience of investors at a special event in Hamilton to mark 50 years of Schroders doing busine...

Standard & Poor’s has kept its ratings for Bermuda unchanged, with the outlook remaining positive. Curtis Dickinson, the finance minister, welcomed the news. He said: “According to S&P, the key drivers for the rating affirmation are our economic stre...

Bermuda’s gross domestic product, adjusted for inflation, rose 1.5 per cent during the fourth quarter of last year, compared to the same period in 2017. When expressed in current prices, the GDP, which measures the value of goods and services produce...

The Minister for the Cabinet Office said yesterday Bermuda was not in a recession. Wayne Furbert added the bulletin of statistics for the last quarter of 2018 showed “some positive growth”. He said retail sales had been down, but that could not be th...

This is the first in an eight-part series that takes an incisive look at the Bermuda economy, historically from our humble beginnings to the 21st century and the challenges faced by the Progressive Labour Party government In trying to put any situat...

Dear Sir, I came to visit your wonderful little piece of paradise this past week. I was in the Royal Suite at the Rosewood for more than a week, so I can say I was very lucky to experience the best a tourist can get on the island. My wife and I don’...

It may be hard to imagine better days are coming, particularly when everything around us represents chaos: the closure of the Rosebank branch of Butterfield Bank, school populations declining, some very old established businesses folding and the scar...

Bermuda’s retail business needs a fix. Last month, the Government released retail statistics to the end of 2018. It showed ten successive months of decline, with sales values now reaching a low not seen since 2016. This is a serious concern: declinin...

As the former sportscaster Joe Brown used to say: “My, my, my.” This Mexico Infrastructure Finance and $18 million affair ain’t gone anywhere yet. If anything, it is getting deeper by the day in the courts. With claims for fees and improper advice, i...