Log In

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...

A former United Bermuda Party minister has weighed in on the Bermuda Government’s $250 million plan to build a new airport, claiming the project is unnecessary. Quinton Edness, who retired from politics in 1998, said he had heard nothing yet from the...

Bermuda’s success as a financial services jurisdiction has been boosted by the Solvency II equivalence for the local insurance market. The Solvency II directive introduces “a modernised risk-based regulatory regime for insurance and reinsurance under...

Marc Bean has accused finance minister Bob Richards of misleading the public with his claim that financial instructions were waived for the airport redevelopment deal. Mr Richards released a memo last week showing that Accountant-General Curtis Stove...

Employers owe Government more than $100 million in social insurance and payroll tax contributions, it was revealed in the House of Assembly yesterday. The startling statistic came in response to a Parliamentary question to Bob Richards, the Minister ...

Unionised workers are seeking clearance to attend next week’s Supreme Court hearings on an injunction against them by the Bermuda Government. The legal action, set for Tuesday through Thursday, stems from marches prompted by a letter on January 23 fr...

A damning report by the Auditor-General underlines the origins of Bermuda’s financial woes, according to the Deputy Premier and Minister of Finance. Bob Richards said the public had “every right to be upset” after the revelations contained in Heather...

The developers and Bermuda Government officials behind the plans for a new airport terminal will address the public’s questions tomorrow night. The information session, set for 5.30pm at the Anglican Cathedral, will include representatives from the C...

Three Cabinet ministers will be on hand tonight at an information session on the Bermuda Government’s airport redevelopment plan. Finance minister Bob Richards, transport minister Shawn Crockwell and economic development minister Grant Gibbons will b...

Bermuda is well on the road to recovery after Hurricane Joaquin, the acting Premier said yesterday. “Bermuda appears to have weathered the storm well and already we are getting back to normal,” Bob Richards said. “The vast majority of residents rema...