Bamford: Budget measures could delay RDR 'til 2014

Bamford says Chancellor George Osborne's Budget announcement of a three-year moratorium on new regulations for small business and start-ups could potentially delay the implementation of RDR until 2014. "A strict interpretation of what the Treasury said today implies RDR would not be able to be implemented across the board by the end of 2012 and could be delayed to 2014," says Bamford. The new measure unveiled by Osborne, as part of a raft of business-friendly initiatives, impacts start-up firms and micro-firms, or those with fewer than ten employees. The moratorium comes into effect f...