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Premier and Finance Minister Paula Cox presented a $1.08 billion Budget yesterday which she said rejects harsh austerity measures in favour of economic growth. The package involves a year-long suspension of Government payments into the civil servants...

The shipping industry and consumers alike will be hit hard by Government's decision to charge 25 percent duty on all goods imported for personal use, according to three of the Island's couriers. They criticised Premier Paula Cox's announcement in her...

No one would want to be Finance Minister right now, and that adds to the mystery of why Premier Paula Cox kept the portfolio when she did not have to. As stated in Thursday’s editorial, Ms Cox is stuck between a rock and a hard place this year, give...

Premier’s Paula Cox’s Budget was today criticised as a ‘business as usual’ election Budget by the Chamber of Commerce although it did praise moves to help the retail sector. Speaking on behalf of The Chamber, economist Peter Everson noted: “There wer...

The Budget fails to address major issues affecting the Island, according to Shadow Finance Minister Bob Richards. In a statement this afternoon, Mr Richards said: “We thought that they might have to raise the debt ceiling in spite of the fact that th...

The recession in Bermuda likely entered its fourth year in 2012, according to Government estimates of Gross Domestic Product (GDP). Estimated declines in GDP in the Government's latest economic figures confirmed the economy shrank for a third success...

Management is doing things right, leadership is doing the right things. Peter Drucker Mr. Speaker National budgets are more about people and their communities than the numbers that detail the revenue, expenditure and borrowing requirements. While the...

Premier and Finance Minister Paula Cox says the National Budget of $1.08 billion and associated economic stimulus measures should create a bridge of stability to an anticipated return to economic growth in 2013. Government added $98 million to its de...

The ruling party is advising One Bermuda Alliance candidate Leah Scott to “stick to the issues that are important to the future of Bermuda” instead of making “defamatory insinuations”. Rolled out as an OBA candidate on Wednesday, Ms Scott, a lawyer, ...

“Patriotism is the last refuge of a scoundrel,” the great Samuel Johnson once said, and while it would be completely unfair to characterise the Premier in that way, her use of patriotism in attacking Shadow Finance Minister ET (Bob) Richards carried ...