The Progressive Labour Party has warned against the possibility of a “chaotic coalition” government after resignations in the Cayman Islands administration.

The PLP said the Cayman Islands Government was on the brink of collapse after three Members of Parliament resigned, leaving the ruling coalition without a working majority.

The party noted that less than a year ago the Cayman Islands Government was in a similar position after a government of independents fell apart last November.

Walter Roban, the PLP’s deputy leader, said: “This is the future that the so-called independent party and their allies want for Bermuda. They want an unstable government.

“Instability is bad for business and it’s bad for advancing an agenda of fairness.

“The reality is when you have independents that are not bound together by a shared set of principles and ideology, you get a system where people are in it for themselves and not for the people.”

Mr Roban added that stability was good for business and pointed out that international ratings reviews mentioned Bermuda’s political stability as a strength, which helped the island to attract investment and jobs.

“Bermuda has too much at stake, especially with a new corporate income tax, to risk the instability caused by a chaotic coalition like the one in the Cayman Islands,” Mr Roban said.

“At the end of the day, Bermuda doesn’t need a chaotic coalition of convenience comprising independents, the One Bermuda Alliance’s junior partner, the Free Democratic Movement, and the OBA.

“Bermuda needs a consistent, dependable and stable government led by a party who is committed to building a fairer Bermuda for us.”

The Cayman Compassreported yesterday that three Cabinet ministers and a parliamentary secretary had quit the country’s government, “plunging Parliament into new chaos”.

It said that André Ebanks, who was Cayman’s Deputy Premier, Katherine Ebanks-Wilks, who had been the sustainability and climate resiliency minister, and Sabrina Turner, who was the health minister, as well as Heather Bodden, then a parliamentary secretary, announced their resignations from the United People’s Movement with immediate effect.

A press release issued after the announcement cited a “level of dysfunction and disorganisation, and a lack of professionalism” that left the Cayman Islands "at risk of erroneous decision making and reputational damage, which could have long-term adverse consequences“ among other factors that prompted the quartet’s decisions.

When asked for comment, the FDM declined and The Royal Gazette has yet to receive replies from the OBA and Sir John Swan, who has called for more independent candidates.