ECONOMY
BUDGET 2012
Cox says Budget will help stabilize 'our fragile economy'
Using the collective strength of our community and encouraging businesses to flourish are key themes of Paula Cox's Budget Statement, released on Friday.
BUDGET 2012
Government advocates pension 'holidays' for private firms
Pension holidays could put more money into the struggling economy and cut the national debt, Premier Paula Cox intimated on Friday.
BUDGET 2012
Economist says Government is between a rock and hard place
Maintaining the status quo on public sector jobs could push the island beyond its public debt threshold, Economist Craig Simmons said on Friday.
BUDGET 2012
ABIC supports Budget
The Association of Bermuda International Companies (ABIC) supports Government's commitment to targeting a reduction in deficit and debt levels over the medium to long term.
OBA's Richards: Budget failed to tackle Bermuda's problems
Opposition figures united to say Friday's Budget had failed to tackle Bermuda's problems and continued to put the island deeper into the red.
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Water truckers increase prices 'reluctantly'
The price of water will be going up to $90 a load from $80, Bermuda Water Truckers Association vice-president Russ Ford said on Tuesday.
THE ECONOMY
'How we could save millions'
Government should sell off some services to raise cash and cut the public sector wages and pensions bill, economist Peter Everson said on Tuesday.
Government owed $27M in social insurance
Millions of dollars are owed in back taxes and pension payments, Senate was told on Wednesday.
Police Association prohibited from pay cut agreement
The Bermuda Police Association announced on Wednesday it does not have the legal power to agree to Government's pay cut request.
Inmates to help pay for their own health care
Prisoners will have to chip in for the cost of health care while they are behind bars, Attorney General and Justice Minister Kim Wilson said on Thursday.
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OBA: Bermuda is suffering a 'crisis of confidence'
The Bermuda economic miracle is becoming a distant memory, Shadow Finance Minister Bob Richards said today in his Reply to the Budget Statement.
Premier to host budget town hall meetings
Premier Paula Cox will host a series of town hall meetings to discuss the 2012 budget starting on Tuesday.
The OBA's economic vision
Bermuda’s Budget deficit could be as much as $255 million by the end of the coming financial year, according to shadow Finance Minister Bob Richards.
Slump takes its toll in the workplace
Doris DeCosta, executive director of counselling service Employee Assistance Programme, said on Thursday that on-the-job stress is on the rise in Bermuda.
$3m spent on Government consultants
Government has spent more than $3m on consultants in less than a year, MPs were told on Friday.
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