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The Government-wide hiring freeze has been extended through the 2016-17 fiscal year, the Ministry of Finance has announced. The One Bermuda Alliance will also revisit an early retirement programme for civil servants aged 55 and older, as part of cost...

Jason Hayward, the president of the Bermuda Public Services Union, has issued a full apology for comments he made on television about Bob Richards, the Minister of Finance. Mr Richards filed a lawsuit in June 2015 against Mr Hayward for defamatory r...

Deputy Premier Bob Richards has accused the Progressive Labour Party of “naked politics” in the row over the airport redevelopment project. Mr Richards was responding to allegations made by acting Opposition leader David Burt and shadow transport mi...

Bob Richards said a summons issued by Public Accounts Committee chairman David Burt to bring the financial secretary before the committee was not legally valid. Mr Burt, however, insisted that the summons was valid and Mr Richard’s claim was “idiotic...

The island is likely to face a hike in taxes when Bob Richards, the Minister of Finance, presents the 2016/17 Budget this morning in the House of Assembly. That assessment has come from observers ranging from Kendaree Burgess, the executive director ...

The agreement between the Bermuda Government and the Canadian Commercial Corporation has been published on the Bermuda Parliamentary website. The Airport Development Agreement was signed last summer and tabled in the House of Assembly by finance mini...

A legislative “error” which would have impacted on seniors is to be amended by finance minister Bob Richards. The Bermuda Government announced Mr Richards will present changes to the Land Tax Amendment bill, which was tabled on December 16, but conta...

John Prato, the Canadian Consul General in New York, has arrived in Bermuda for a short visit. Mr Prato called at the Cabinet Office to meet with Michael Dunkley, the Premier, and Bob Richards, the Deputy Premier, as well as other officials from the ...

The Bermuda Government has guaranteed the West End Development Corporation’s payment obligations in relation to a $39 million credit facility provided by Butterfield Bank. Bob Richards, the Minister of Finance, told the House of Assembly that the “un...

The Bermuda Government has raised land taxes to avert a potential $19.1 million loss in revenues brought about by the latest annual rental value figures. The ARV has fallen due to the recession and the resultant unemployment and a drop in real estate...

The Bermuda Cadet Corps and the Junior Leaders will be amalgamated and will continue to operate as a company under the Royal Bermuda Regiment. A Bill was passed in the House of Assembly to repeal and re-enact the Bermuda Cadet Corps Act 1944, with am...

It is no secret that Bermuda is living with a huge public debt that continues to get bigger every year. The gravity of the situation for all Bermudians should not be underestimated. The Bermuda Government’s gross outstanding debt stands at $2.25 bill...