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The One Bermuda Alliance claimed tax increases under the Progressive Labour Party have left Bermudians with less cash in their pockets. But the PLP defended its tax policies, which it argued aimed to address inequality and gave breaks to small busine...

A government announcement on boosted opportunities for Bermudian businesses breached the ministerial code of conduct, the One Bermuda Alliance claimed yesterday. The OBA went on the offensive after Wayne Furbert, the Cabinet Office minister, said th...

Popular indoor children’s playground, The Playtrium, has closed its doors for good after deciding that new Covid-19 health regulations made it unfeasible to continue. The venue, in the old Phase One building just east of Collector’s Hill in Smith’s, ...

So, let us play through a scenario. You suddenly go into a coma in February and wake up seven months later. Upon awakening, you are told that the world has been rocked by a virus that has killed nearly 800,000 people and infected almost 23 million wo...

The Bermuda Government’s new $1.35 billion of debt bonds have been admitted for listing on the Bermuda Stock Exchange. The debt is split evenly between ten-year and 30-year maturity senior notes. There is $382,105,000 of 2.375 per cent 144A senior no...

Given the turbulent economic times in which Bermuda finds itself because of Covid-19, it is time for the Government to examine establishing a national investment fund to help insulate the economy from economic shocks and, at the same time, help to po...

Grim figures on the impact of the Covid-19 pandemic were revealed last night by the Minister of Finance. Curtis Dickinson said the island’s total debt had gone up by about $520 million as a result of the double whammy of a plunge in revenues and pand...

The Bermuda Government has reportedly priced a $1.35 billion bond issuance that will be used to refinance existing debt at more favourable interest rates, and to meet future borrowing needs. The bonds are evenly split between 10-year and 30-year matu...

A large range of hand sanitisers has been recalled after it was found to have microbe contamination as well as methanol, a highly toxic chemical. Bermuda’s Department of Consumer Affairs sent out the alert yesterday on 135 contaminated hand sanitiser...

A new price comparison website containing data on thousands of items has been launched. The Compare Bda website offers spreadsheets on more than 8,700 items, comparing prices of groceries and haircuts, vacuum cleaners and spa treatments, among other ...

Bermuda got a welcome break from a long banana drought after the first shipment since January hit the shelves yesterday. Residents have been limited to locally grown stock since invasive pests halted imports early in the year. Mealybugs, a type of sc...

The Bermuda Government is buying back up to $500 million of its bonds from investors and selling new debt. The move is part of the Government’s plan to restructure existing debt, with the aim of securing more favourable interest rates, and issuing ne...