PLP defends Budget, accuses OBA of putting ‘balance sheets first’
Party says debt is being slashed while protecting services and expanding support for Bermudians
Statement from The Progressive Labour Party
This PLP
‘Bermuda’s finances stronger than in a generation,’ says Premier
2026/27 Budget posts $472M surplus, cuts payroll taxes and repays $605M in debt
Statement from the Government of Bermuda:
Today, Premier and Minister
Shipping Schedule: Week Starting February 21
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, February 21st. On Saturday the Carnival Dream cruise ship and the Orchid Ace auto carrier are expected, on Monday the Lettie PG oil products tanker will arrive, and on Tuesday the Oleander and the Somers Isles …
Bascome To Race In Celebrity Motocross Day
[Written by Stephen Wright] Boxer Nikki Bascome will follow in his late father’s footsteps when he competes in the Bermuda Motocross Association’s Celebrity Motocross Race Day at Southside Motocross Track tomorrow [February 22]. Bascome, who holds a professional record of 13 wins from 15 bouts, will join local celebrities including Minister Owen Darrell, Wayne Caines, …
Risk Summit to mark 20 years since the ‘Class of 2005’ reshaped global reinsurance
Industry leaders to reflect on legacy, innovation, and the evolution of catastrophe resilience
The Bermuda Business Development Agency (BDA) today announ
Training will support the mental health of young people
Health Minister Kim Wilson says 31 per cent of students aged 10 to 19 report depressive symptoms and about 25 per cent report anxiety
The Ministry of H
Owen Darrell: I’m going to show them a lesson
Sports minister Owen Darrell is adamant that he is the man to beat heading into Bermuda Motocross Association’s Celebrity Race at Bermuda Motorsports Park at Southside, St David’s tomorrow.
Darrell wi…
Darrell wi…
David Jones at the double for Dandy Town to go top of Premier Division
Devonshire Cougars 1 Dandy Town 3
David Jones Jr came off the bench to notch a second-half brace for Dandy Town to climb to the top of the Premier Division with victory over Devonshire Cougars at…
Village crush Blazers to stay in title race
Boulevard Blazers 1 North Village 5
Defending champions North Village Rams remain in the title race with a convincing 5-1 win over bottom placed Boulevard Blazers at Devonshire Rec last night. Wi…
High-flying Devonshire Colts not taking Paget lightly
On form, few would bet against Devonshire Colts coming away with the points from their Premier Division match against struggling Paget Lions at Police Field today.
Yet, while his team are riding high …
Yet, while his team are riding high …
When life insurance makes sense
It is that time of year again when several of my personal insurance policies are up for renewal, including two life insurance policies. To be honest, given my age and the expense, I found myself ques…
May dad wants me to pay for his life insurance
Dear Dave,
I talked to my dad the other day, and he wants me to pay for his life insurance policy. He says I should look at it as an investment, and he does not want to pay for it himself any more, si…
I talked to my dad the other day, and he wants me to pay for his life insurance policy. He says I should look at it as an investment, and he does not want to pay for it himself any more, si…
Bermuda Stock Exchange Report: Feb 20 2026
February 20 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,346.36, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related Stories Bermuda Stock …
Company expands capital management initiatives
Fidelis Insurance Holdings Limited, has expanded its capital management initiatives.
The strategic capital allocator and risk selector in specialty insurance and reinsurance has taken its approved com…
The strategic capital allocator and risk selector in specialty insurance and reinsurance has taken its approved com…
Today, Premier and Minister of
Today, Premier and Minister of Finance, the Hon. E. David Burt, JP, MP, delivered the 2026/27 Budget Statement under the theme, “Responsible Choices… Lasting Benefits for Bermudians.”
Funding to boost counselling services for adolescents
The Government will provide additional funding to assist young people struggling with substance abuse.
David Burt said in the 2026-27 Budget Statement that the Ministry of National Security was alloca…
David Burt said in the 2026-27 Budget Statement that the Ministry of National Security was alloca…
Hotel owners offer reassurance over asbestos storage
Westend Properties respond to a Bermuda Broadcasting report highlighting concerns raised by residents
Statement from a Westend Properties spokesperson:
Florin Teleman seeks Bermuda Backyard Ultra title defence
Florin Teleman is geared up to defend his title in the Bermuda Backyard Ultra at Southside in St David’s tomorrow.
Last year, Teleman, who finished second to Jason Williams in 2024, was declared the w…
Last year, Teleman, who finished second to Jason Williams in 2024, was declared the w…
School students talk finance with Premier
Premier David Burt fields financial questions from Berkeley, CedarBridge and Sandys Secondary students
https://vimeo.com/1166831359?share=copy&fl=sv&
‘Budget isn’t targeting those who need it most’
Economist Craig Simmons advocates tax credits for low-earners
https://vimeo.com/1166828392?share=copy&fl=sv&fe=ci
In his response to today’s Bu
By the numbers
$753m
The estimated take from the corporate income tax for the 2026-27 financial year, $153 million more than originally expected
$605m
The full value of the Bermuda government bond that w…
Reduction in payroll tax for all island workers
A targeted move to increase the take-home pay of Bermudian workers and stir economic activity comes in the shape of a lower tax burden for employees, the Premier said.
David Burt announced a “signific…
David Burt announced a “signific…
Fairmont Southampton takes steps to secure asbestos
Additional measures have been taken to secure asbestos uncovered at the Fairmont Southampton, the hotel’s owners said today.
Westend Properties Ltd acknowledged the presence of asbestos at the site, w…
Westend Properties Ltd acknowledged the presence of asbestos at the site, w…
‘Everyday Bermudians can now feel the benefit of IB’
Today’s Budget promises are founded on high revenues from the Corporate Income Tax – but Premier David Burt stressed that future revenues could vary wildly
Premier: We’re on track to wipe out debt within a decade
National Debt is not the only measure of a Government’s success, Premier Burt said today – but it can now be truly addressed
https://vimeo.com/1166815279?
Brent rises late, settles higher and with weekly gain on Iran-US jitters
For most of Friday, Brent and WTI were down, with the market awaiting developments in the struggle between Iran and the U.S
International News via Reute
Budget: hospital to get 30-bed acute care facility
Funds from a $302.5 million sum allocated to the Ministry of Health in the Budget will be spent on the construction of a new-30 bed facility for acute care, the Premier announced today.
David Burt sai…
David Burt sai…
Budget: ageing ‘national assets’ reap capital spending benefit
The latest Budget comes with a significant rise in capital expenditure of 21 per cent, or $182 million — marking the “largest planned capital programme since 2008-09”, MPs heard.
David Burt, the Premi…
David Burt, the Premi…
Bank rise continues
The RG/BSX Index remained idle today with no trading on the Bermuda Stock Exchange.
During the week, Bermuda Press rose 50 cents (8.3 per cent) to $6.50 after 1,100 shares changed hands.
Allshores ros…
During the week, Bermuda Press rose 50 cents (8.3 per cent) to $6.50 after 1,100 shares changed hands.
Allshores ros…
Motorcyclist arrested on suspicion of DUI
It was the third collision within six hours yesterday
Image: Bermuda Police Service
A man was arrested last evening on suspicion of driving under the
‘Budget funding built on a volatile source’
OBA says CIT windfalls and payroll contributions from IB will not fix deep-seated structural problems
https://vimeo.com/1166807708?fl=pl&fe=sh
“This
Alberta plans referendum to wrest control over immigration from Canadian government
The move, announced by Premier Danielle Smith in a televised address on Thursday evening, represents an attempt by Alberta to wrest control of a key issue from
Pensioners receive 10% increase to monthly payments
https://vimeo.com/1166808746?fl=pl&fe=ti
Tax breaks for all working Bermudians, a health care boost for pensioners and a big hole knocked in national de
UK police seek information from ex-protection officers of king’s brother Andrew
Mountbatten-Windsor was arrested on Thursday, his 66th birthday, on suspicion of misconduct in a public office
International News via Reuters:
Briti
SENIOR MAGISTRATE & CORONER
GOVERNMENT NOTICE NO. _______ ACTING APPOINTMENT Judicial Department The Governor, after consultation with the
SENIOR MAGISTRATE & CORONER Read More
PATI MINISTRY OF EDUCATION
Notice type Government Notice Notice Sub Type PATI Contracts valued $50,000 or more Notice ID Public Authorities / Department Ministry of Education Headquarters Publication dateBERMUDAPUBLIC ACCESS TO INFORMATION (CONTRACTS VALUED $50,000 OR MORE)DEPARTMENT OF EDUCATION NOTICE 2026GN / 2026The Permanent Secretary who has supervision of the Ministry of Education Headquarters, in exercise of the power conferred by section 6(6) of the Public Access to Information Act 2010, gives the following Notice:Citation
PATI MINISTRY OF EDUCATION Read More
De Couto: Budget relatively short on vision
Bermuda’s 2026-27 Budget presented by the Premier “is relatively short on vision”, the Shadow Minister of Finance claimed this afternoon.
Douglas De Couto also said that the One Bermuda Alliance feels…
Douglas De Couto also said that the One Bermuda Alliance feels…
Trump furious after Supreme Court upends his global tariffs, vows new 10% levy
The court’s landmark 6-3 ruling upended the leverage Trump and his trade envoys have wielded over foreign governments, both allies and foes, at negotiating tabl
Capital spending jumps for school upgrades and technology
Public schools saw a 71 per cent boost in capital spending in the Budget for improvements to their buildings and infrastructure.
The Budget also contained a $14 million package for the Ministry of Edu…
The Budget also contained a $14 million package for the Ministry of Edu…
Ministry of Health gives public apology to Rotisserie Grill
A restaurant in good standing that was unfairly hit with an erroneous D grade for hygiene has been given an apology by the Ministry of Health.
The Rotisserie Grill on South Road in Smith’s, which had …
The Rotisserie Grill on South Road in Smith’s, which had …
BELCO welcomes plans to eliminate fuel import tax
BELCO President Wayne Caines said the company has carried out “sustained advocacy” for the government to eliminate fuel tax
Full press statement from BE
Budget Statement 2026/27
The Government of Bermuda has tabled its 2026/27 Budget Statement, outlining record revenues, major debt repayment, payroll tax cuts, and expanded investment in
Retired public servants to get 10% pension boost
The pension pot for retirees in the public sector has been budgeted for a “one-time 10 per cent increase” to be passed by legislators this year.
David Burt, the Premier, said in the Budget Statement f…
David Burt, the Premier, said in the Budget Statement f…
Jackson Langley on course to follow Olympians’ path
One of Bermuda’s budding triathletes, Jackson Langley, could follow the pathway of the island’s Olympians Flora Duffy and Erica Hawley, as he is planning to enrol at University of Colorado Boulder.
L…
L…
More data sought to weigh merits of income tax
The Government plans to gather more information on personal and business income to support any future decision on whether to introduce income tax.
The move, announced by David Burt, the Premier and Mi…
The move, announced by David Burt, the Premier and Mi…
Duty relief aimed to cut cost of goods and electricity
The Government has announced plans to slash duty rates to help ease the financial burden on families.
David Burt, the Premier, announced in the 2026/2027 Budget Statement that the Government will elim…
David Burt, the Premier, announced in the 2026/2027 Budget Statement that the Government will elim…
Budget marks ‘defining moment’ as CIT takes hold
A $605 million government debt repayment due by next January will be paid off in full, positioning Bermuda well to eliminate national debt within a decade, the Premier announced today.
Delivering his …
Delivering his …
Andrew Mountbatten-Windsor’s ex-wife ‘Fergie’ also undone by Epstein ties
Ferguson, popularly known as “Fergie”, married Prince Andrew in a glittering ceremony at Westminster Abbey in 1986
International News via Reuters:
W