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Jonathan Starling explores what can be done about spiralling inflation in a troubling period for not only Bermuda, but the world

Island is leading the way in the insurance and fintech industries, according to Canada’s top diplomat to Bermuda

Economic cheer is thin on the island due to the imminent perfect storm which is aggressively developing for 2023, says One Bermuda Alliance leader Cole Simons

Tax will go up for high earners if One Bermuda Alliance regains power, party leader Cole Simons has said. Asked if taxes would go up under an OBA administration, Mr Simons told The Royal Gazette: “In some cases, yes. I think it will be progressive, ...

About 25 of the Government’s 31 policies to drive the economy are “on track”, the Minister of Economy and Labour said. Jason Hayward told the House of Assembly on Friday that the economic recovery plan combined fiscal responsibility “with a clear pat...

For those who don’t follow these things with the avidity of a football fan during a World Cup, Jason Hayward announced last week that GDP had shrunk by 1.7 per cent in real terms compared with the same April to June period in 2021. The reason, the M...

As the new assistant commissioner for investigations, Christopher Moulder will be instrumental in protecting the public from harm, the Privacy Commissioner said today. Mr Moulder will have varied responsibilities including case management, policy dev...

The Government plans to create a vertical farming industry on the island have been put on hold after the overseas company behind the scheme reported massive losses. The Bermuda Economic Development Corporation had partnered with Florida-based Kalera ...

Spending approval will be sought by the Ministry of Home Affairs for a $500,000 scheme – announced four months ago – to hand out LED light bulbs to families. Walter Roban, the minister, provided an update on the Progressive Labour Party administratio...

This year, global central bank monetary policy tightening has caused the most damage to conservatively managed investment portfolios in over hundred years, according to a recent study by Bank of America. Federal Reserve chairman, Jerome Powell and h...

The Government is pressing ahead with plans to revitalise the economy — but does not have “a magic wand” to bring about instant progress, according to the Premier. In an interview with The Royal Gazette this week, David Burt revealed that a deal to d...

The Government should impose a minimum corporate tax on big business if it is serious about tackling the cost-of-living crisis. This is the view of Chris Furbert, the president of the Bermuda Industrial Union, who presented a case for such a move a...