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Bermuda can expect to grow the economy by 2.5 to 4.5 per cent from next year, the Government’s National Economic Report of Bermuda has predicted. The 2021 report, released alongside the annual Budget statement, said the island could expect an increa...

The burden of the high costs of labour and doing business in Bermuda will be lightened for hotel developers by an extension of concessions, the Premier said. David Burt, also the Minister of Finance, highlighted that some Caribbean destinations offer...

Reduced electricity bills could be in the pipeline if government revenue and expenditure pan out as predicted this year. The pledge was one of several relief measures promised by David Burt, the Premier and finance minister, during yesterday’s Budget...

Employment opportunities in international business have grown in the past year as overall employment levels fell by 3.9 per cent. David Burt, the Premier, said in his Budget Statement that the number of people employed in IB had risen from 4,240 to 4...

Welcome to The Royal Gazette’s live coverage of the 2022 Budget presented by David Burt, the Premier and finance minister. The speech has just finished. We will continue to provide updates and reaction through the day.

A balanced Budget has been pushed back a year to 2024-25, the Premier said last night. David Burt, who is now also the Minister of Finance, explained that the postponement was needed to let the Government implement its economic recovery plan and fund...

Businesses in ailing St George feel “abandoned” by the authorities as they struggle to reinvigorate the Unesco World Heritage Site

“Leaders who don’t listen will eventually be surrounded by people who have nothing to say” — Bill Carney The short answer is no one really knows. However, when an incident as spectacular as the finance minister of Bermuda quitting a mere week...

Expect a lot of political shots fired during this year’s budget debate, and expect focused questions and observations during the annual Chamber of Commerce Budget Breakfast. Losing Curtis Dickinson is unfortunate. He won widespread respect as finance...

The Government refused yesterday to discuss progress on a flagship series of measures designed to get the economy under way in the wake of the Covid-19 crisis. Curtis Dickinson, the Minister for Finance, unveiled the economic recovery plan last March...