ECONOMY
‘Britain’s meddling could lead to independence’
MP Walton Brown yesterday hit back at attacks on Bermuda's tax regime — and warned that business leaders could push the island towards independence if Britain continued to interfere in domestic affairs.
Tourism shaping up nicely
Convention business for this year is already up on 2012, and the trend looks said to continue into next year, says Tourism Authority Chair Designate David Dodwell.
Dire warning that pension crisis could sink Bermuda
Bermuda faces a pensions and healthcare crisis that could sink the island, SAGE Commission chief Brian Duperreault warned this week.
Bermuda takes a mauling on tax
Thrust into a global tax spotlight, Bermuda, along with other UK Overseas Territories, has been indirectly blamed for everything from facilitating tax avoidance and evasion to poverty in the developing world and funding terrorism.
British American building sold by Official Receiver
The Official Receiver of British American on Thursday confirmed that the sale of the British American building has now been completed.
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Government to borrow up to $800m
Government plans to borrow up to $800 million to cover three years' government operating deficits, Finance Minister Bob Richards said on Thursday.
Finance Minister ‘dismayed’ by Britain’s ignorance
Britain is ignorant of Bermuda's real role as an offshore finance centre, Finance Minister Bob Richards said on Tuesday.
VIDEO: Bermuda Sun Special Message for Employers
Have you heard? An advertising monopoly has been broken. Employers can now freely choose where to place certain job listings. Watch our 90 second video for more details.
Fitch downgrades Bermuda to AA- (Update)
Fitch Ratings has downgraded Bermuda's long-term foreign currency Issuer Default Rating to 'AA-' from 'AA'.
UK accused of sabre rattling over taxes
Bermuda should boycott a London summit meeting for UK Overseas Territories, shadow Education Minister Walton Brown said on Thursday.
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The muscles in Brussels; Richards gets Bermuda’s viewpoint across
Minister Bob Richards concluded meetings on Wednesday with various agencies and departments in Brussels to discuss matters related to financial services, tax, and audit.
Low cost homes for Dockyard arrive via Virginia
Sixteen new pre-engineered homes for the Victoria and Albert Row project in Dockyard have arrived in Bermuda.
‘Where’s our money?’
Investors in failed insurance company British American are still waiting for payouts — months after the firm's Hamilton HQ was sold for nearly $2 million.
Cruise ship cancellations to have ‘significant impact’
News that the Grandeur of the Seas has cancelled three calls to Bermuda will be a significant blow to retailers in Dockyard.
Premier: No qualms over tax transparency for Bermuda
Premier Craig Cannonier is backing Britain Prime Minister David Cameron's call for transparency in the British Dependent Overseas Territories.
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