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Dear Sir, I am beyond frustrated and wonder if there are others out there going through the same thing. HSBC has changed from Mastercard to Visa and the card number has been changed. I have tried everything — every number, even a written letter to th...

Bermuda’s financial watchdog has added the KA Trading Corporation to its warning list of unauthorised firms. The Bermuda Monetary Authority said KA had been offering its services as an investment business via a Facebook page. “The public should be aw...

The battle lines have been clearly drawn in the sand. We have had both the annual Budget speech by the Government, and the response from the Opposition. Neither were supposedly meant as election speeches, but in an election year, the probabilities ra...

Bermuda’s willingness to name and shame financial institutions that fail to adequately comply with money-laundering regulations and controls has been positively highlighted overseas. And it has been contrasted with a Canadian authority’s unwillingnes...

Consumers paid 1.9 per cent more in January than they did a year before for goods and services. And the level of inflation rose by 0.3 of a percentage point to 1.9 per cent between December last year and the first month of 2017. The cost of the educa...

Bermuda has again topped an international list of most expensive places to live. In an article by The Independent , Bermuda came first in a list of the 21 most expensive places in the world, beating New York, Switzerland and Hong Kong. “The Atlantic ...

The Bermuda Hospitals Board had its budget cut in part because it had amassed $100 million in cash reserves, according to Bob Richards. Speaking during the debate on the 2017-18 Budget in the House of Assembly, the Minister of Finance noted the $25 m...

A hi-tech platform to help parents prepare their children for the school year has scooped the top prize in a competition designed to promote innovative start-up companies. School Boxes won first place and the people’s choice award for its online site...

The Bermuda Tourism Authority has been given a boost in the budget, but the island’s hotels are set to lose concessions. Finance minister Bob Richards revealed that the Tourism Authority Grant will rise from $22.7 million to $25 million. However, he ...

Bermuda’s low-income workers are caught in “a reverse Robin Hood effect”, according to economist Craig Simmons — and the tax breaks in the latest Budget do not go far enough to pull them out. On the other hand, Keith Jensen, head of the Bermuda Emplo...

The Government is looking into occupational pensions to ensure the system remains “responsive”, but Charles Jeffers of Age Concern questioned “how in the world they are going to produce” with less people working in Bermuda to contribute funds. A dec...

Social justice campaigner Martha Dismont has welcomed tax reform pledges to help the working poor, but warned they could also bring unwanted consequences. Ms Dismont, executive director of Family Centre, described finance minister Bob Richards’s ackn...