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Dame Flora Duffy took gold at the Commonwealth Games as Bermuda’s super-athlete again proved her world class status. Meanwhile, at home, July saw the Government try to respond to the growing cost of living crisis on the island after increasing pressu...

The deadline to apply for the payroll tax rebate for workers earning less than $96,000 is tomorrow. The one-time payment is available as per the Public Treasury (Administration and Payments) (Salary Based Benefit) Regulations 2022. David Burt, the P...

Food prices continued to surge in September with the Consumer Price Index reporting an increase of more than 10 per cent year-on-year. Prices in the fuel and power sector also increased by 15.2 per cent, compared with September last hear. Overall, th...

Bermuda’s economy contracted by 1.7 per cent in the second quarter of this year, according to the latest statistics. But Jason Hayward, the Minister of the Economy, said that the figures were distorted by “increased inflationary pressure”, and that G...

Food prices surged by almost 10 per cent with fuel and power costs increasing by more than 15 per cent, latest inflation figures released last night showed. However, in a statement, the Ministry of Economy and Labour said that overall the cost of a b...

Landlords have been called upon to help boost the island’s dwindling reserves of affordable housing by partnering with the Government’s housing quango. Lieutenant-Colonel David Burch, the Minister of Public Works, said it was “neither reasonable nor ...

The Government has come under fire for releasing the latest inflation figures only after it delivered its Throne Speech on Friday. The monthly statistics are normally released in the middle of each month. But the October bulletin was released late on...

Food prices have shot up by 9 per cent in the past year, while the fuel and power sector saw an increase of more than 15 per cent, according to the latest inflation figures. But overall the rate of inflation rose by just 4.5 per cent in the 12 months...

When the Throne Speech is delivered tomorrow, the Government is likely to strike a balance between laying out its policy and legislative plans for the year and the philosophy underpinning them. Some past speeches have been longer on philosophy than ...

The Government is keeping tight-lipped about why it is keeping the latest inflation figures under wraps. Typically, a Consumer Price Index report is released monthly, normally in the middle of each month. The last three CPI reports were released by t...