Log In

Finance minister Bob Richards has defended budget cuts to Bermuda Hospitals Board operations as a one-off that will not impact clinical services. It comes after BHB bosses appeared before the Public Accounts Committee on Thursday and warned that the...

The deal for the East End’s first hotel in decades has been bolstered with a Bermuda government guarantee of up to $25 million for the St Regis resort. Parliament heard that the guarantee will go towards a $60 million loan from Butterfield Bank for H...

Lower-paid workers will get payroll tax cuts over two years, while big earners will be forced to dig deeper into their pockets. Delivering a 2017-18 Budget yesterday aiming to spread the tax burden more fairly, finance minister Bob Richards also anno...

Finance minister Bob Richards is delivering the One Bermuda Alliance’s Budget for the fiscal year 2017-18 at the House of Assembly today. Follow The Royal Gazette’s website for live updates. 12.01pm Mr Richards is wrapping up now and in conclusion ...

Opposition leader David Burt and the Public Accounts Committee have rejected an opportunity to view the Project Agreement for the airport redevelopment project, according to finance minister Bob Richards. In a statement yesterday, Mr Richards said th...

Confidential documents not previously shared with Parliament will come under the scrutiny of a team reviewing the airport redevelopment project, finance minister Bob Richards has announced. At a press conference this afternoon, Mr Richards revealed r...

Finance minister Bob Richards has expressed dismay at Oxfam’s claim that Bermuda is the world’s worst corporate tax haven. And the Progressive Labour Party joined him to condemn the report as “extremely disappointing”. Mr Richards pointed to “serial ...

Finance minister Bob Richards has shared details of the “complete, public description” of the airport development transaction. Mr Richards presented the 19-page document to MPs in the House of Assembly on Monday before the Ministry of Finance shared ...

A proposed levy dubbed the general services tax will not come into effect for the next fiscal year starting April 2017, according to Bob Richards, the Minister of Finance. While he was not prepared to divulge new details on the 5 per cent charge put ...

Independence from Britain might be feasible, should the UK’s withdrawal from the European Union jeopardise Bermuda’s business interests, said finance minister Bob Richards. “We still don’t know which way is up,” Mr Richards cautioned of Brexit — the ...

Bob Richards has condemned the People’s Campaign for its “unfortunate, misplaced and deliberately inflammatory” comparison of the airport redevelopment deal with slavery. The Deputy Premier and Minister of Finance spoke out yesterday, the day after ...

Developers have unveiled the first design images for the proposed redevelopment of Bermuda’s airport. The new steel and glass terminal building will be set back at the far west or Stone Crusher Corner end of the present runway and will be built on hi...