A farmer from Worcester has spoken out against the recent Budget announcement, saying that the minimum wage increase will be difficult for his business to cope with. Tristan Bennett runs a dairy farm, glamping site, and cafe, and stated that the increase will hit his hospitality side particularly hard.
Farmer calls minimum wage rise 'a massive blow'
UKPulse Local DeskA farmer has expressed disappointment with the recent Budget announcement, stating that the minimum wage increase will be difficult for businesses like his to cope with.
- The minimum wage is set to rise by 3.9%
- Farmer Tristan Bennett describes the increase as 'a massive blow' for his business
- He also criticises the lack of relief or reduction in VAT for businesses
Why this matters: The rise in minimum wage may lead to increased costs for businesses like Bennetts Farms, potentially affecting their ability to operate profitably.
What this means for you: If you own a small business in the hospitality industry, you may need to consider how to absorb the increased costs of the minimum wage rise.