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Minimum wage rise 'a massive blow' says farmer

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Core Development: Minimum wage rise 'a massive blow' says farmer
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Market & Financial Impact: Tristan Bennett voices his disappointment in the Budget, describing it as "a lot of tinkering".
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Actionable Insight: 🏛️ Policy & Macro: Interest rate, inflation, or regulatory changes affecting broad market valuations.

Tristan Bennett, of Bennetts Farms in Worcester, said he was disappointed by the Budget

A farmer has said the minimum wage increase announced in the Budget would be a "massive blow" for businesses like his.

The 3.9% rise was confirmed by Chancellor John Healey during his speech in the House of Commons on Wednesday.

It was among a raft of measures that he said were designed to help ease the pressures of the cost-of-living crisis by offering people "breathing space".

But Tristan Bennett, of Bennetts Farms in Worcester, said it seemed like "a lot of tinkering and gimmicks" and that he was "disappointed there was not anything substantial".

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Official Publisher Attribution: This report is aggregated from Bloomberg. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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