The Bermuda First report will be made public by the end of October.

The report was launched with great fanfare in April and expected to be made public in the summer.

The 80-strong team planned to suggest strategies to stave off looming economic threats such as the decline in the construction industry, high housing costs as well as international hostility towards tax havens.

Since it was launched little has been said publicly, but today the head of the report team, ArielRe founder and CEO, Don Kramer said: “The report is in the final stages.

“We are collecting some additional views from a wider constituency in order to make sure we have the broadest exposure from as many sectors of the Island as we can reasonably collect.”

He added that it would be made public by October 31.

For the full story see The Royal Gazette tomorrow