BMU
Stories (4)
Speech from the Throne
This Speech from the Throne outlines Bermuda’s post-election priorities and policy directions across governance, economy, security, and international positioning: - Political mandate and governance: After a February General Election, the Government emphasizes fairness, accountability, and continued delivery on its vision for a fairer Bermuda, with urgent actions to address the cost of living and strengthen the economy. - Economy and business: Highlights record growth in inte
2026-05-25U.S. Shipping Policy Decision Confirms No Impact on Bermuda | Government of Bermuda
- Bermudian government announces that the US decision on shipping policy will not affect Bermuda: proposed US shipping fees will not apply to short sea routes or small vessels serving Bermuda, so no expected impact on Bermuda’s shipping operations or import costs. - Premier E. David Burt credits direct US engagement and CARICOM collaboration for the outcome. - The announcement underscores ongoing Bermudian diplomacy and regional cooperation to ease living and business costs.
2026-05-25Column: Senator Simmons On CARICOM & More - Bernews
Summary: - A Bermudian column by Senator Simmons discusses Bermuda’s relationship with the Caribbean Community (CARICOM) and the national conversation about full CARICOM membership. - Key themes: connectivity, cost of living, supply chain resilience, climate threats, and how regional engagement could supply tools (vote on regional decisions, concessional lending, collective bargaining) to address these issues. - Addresses concerns about immigration, sovereignty, and the consu
2026-05-25‘Bermuda’s finances stronger than in a generation,’ says Premier |
Summary: - Bermuda’s 2026/27 Budget, presented by Premier and Finance Minister E. David Burt, emphasizes strong finances after nine years of prudent management. - Key prospects include a projected $472 million surplus, over $2 billion in revenue (a first in Bermuda), and an 18% reduction in gross debt with $605 million repaid—saving about $25 million annually in interest. - Policy highlights: - Tax relief for workers (payroll tax cuts across income levels). - Elimination
2026-05-25