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The Auditor-General issued a qualified audit opinion to the Government for 2017-18 after she ruled there was insufficient evidence for $10.3 million of capital development expenditure. Heather Thomas’s decision was revealed as Curtis Dickinson, the f...

Timing played a part in the Bermuda Government achieving its lowest bond spread on new debt notes. In addition, investors showed a strong appetite for Bermuda Government bonds, with the issuance of $650 million of new senior notes being more than thr...

The Bermuda Government’s repurchase of outstanding bonds worth hundreds of millions of dollars is expected to conclude tomorrow as it refinances part of the $2.42 billion net national debt. At the same time, the Government is reportedly preparing to ...

A man who admitted forging a licence plate was fined more than $1,500 in Magistrates’ Court yesterday. Jahroy Simons, 32, forged documents and drove an unlicensed car without third party insurance on June 16. Simons was caught during a traffic stop i...

A team tasked with providing feedback to government on Bermuda’s soaring healthcare costs have met with the Minister of Health. The members of the Health Financing Reform Stakeholder Consultation Group met with Kim Wilson to help achieve a goal “to p...

This is part two of the article on matters of special importance in the Auditor-General’s report on the financial statements of the Consolidated Fund of the Government of Bermuda for the years ended March 31, 2013, 2014, 2015 and 2016. Part one was f...

A pastor was “livid” yesterday after he was refused permission to have an abandoned car removed from his church car park. Leonard Santucci said he was so fed up with people dumping cars in the parking area that he planned to block it off. Dr Santucci...

Dear Sir, I wonder how many of us actually read the Reports of the Auditor-General? I know I seldom do. But my frustration with what I perceive to be the longstanding, inefficient administration of our government finally persuaded me to pick up the m...

The management of Bermuda’s pension fund must be improved and the Government should take immediate action to get its annual accounts up to date. Legislators were also asked to implement a string of proposals first put forward by spending experts more...

The Auditor-General has urged the Bermuda Government to come up with a proper plan of action to “get to grips” with its mounting debt. Heather Thomas said that debt servicing costs were increasingly affecting the Government’s ability to provide servi...

Employment has risen, government revenues are up, spending is down and the deficit has been cut by 24 per cent, the Premier said yesterday. David Burt, also the finance minister, told the House of Assembly that “the facts totally disprove this tired ...

Globe-trotting government ministers have failed to post their expenses on a webpage designed to reveal the cost of overseas trips. David Burt, the Premier, is among the worst of those who have not updated the cost of their foreign travel and has not ...