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The 2018-19 Budget and the stewardship of Bermuda’s economy will dominate today’s House of Assembly. A week after the Budget, Opposition leader and Shadow Minister of Finance Jeanne Atherden is to deliver the Reply to the Budget. A party spokesman sa...

KPMG believes that ongoing work on several major construction projects — the new airport terminal, Caroline Bay and the new St Regis hotel — will add investment spending amounting to about 8 per cent of gross domestic product over the next three year...

Disabled people will need more protection in the workplace in the wake of a Budget sweetener to boost their employment prospects, a leading campaigner warned yesterday. LaKiesha Wolffe welcomed the Budget announcement that the employer portion of pa...

When I read this year’s Budget in the relationship with the state of the economy and society, I had to fall back on my cricket analogies. The comparison I give would be that my opponent has declared at 350 and my team are on 110 and we just lost the ...

David Burt, in his recent Budget Statement, has announced plans to crack down on payroll tax abuse. The Premier gave the example of a partner in a law or accounting firm who might declare a notional salary of $200,000 but actually earn $1 million fro...

I have said it in a previous opinion (“Strong opposition to PLP is needed”) and I will say it again, that when all is said and done, the Government’s primary role is “to allocate resources”. I will also add “to set the ground rules to determine oppor...

There will be no closures or mergers of Bermuda’s public schools this year, David Burt, the Premier, promised yesterday. He said: “That is not something we are looking into right now. “What we are looking at right now is making sure we improve the ou...

The first thing I was vividly reminded of when reading the 2018-19 Budget in detail was just what a fantastic job the Progressive Labour Party did in opposition and how it truly is the master of spin, hyperbole and blatant trickery. Trickery, it see...

Commercial property is to face a land tax increase, but only for a year. David Burt, the Premier and Minister of Finance, said that tax rates on commercial businesses are to go up from 7 per cent to 12 per cent. The increase will mean that owners wil...

David Burt told a business audience yesterday that he would consult widely and move slowly on reforming the 60:40 rule. In his maiden Budget statement last Friday, the Premier and finance minister announced his intention to ease restrictions to all...

The Association of Bermuda Insurers and Reinsurers said it is encouraged by growth priorities spelled out in David Burt’s first Budget. In a statement released today, Abir welcomes the plans to develop fintech, encourage international investment and ...

The former One Bermuda Alliance administration was accused in the Budget speech of an attempt to “cut its way out of a recession”. David Burt, Premier and Minister of Finance, blamed the Opposition party’s programme of austerity for “mouldy schools, ...