** Stocks Buzz Minimum Wage basket continuesunderperformance after more negative comments from JDWetherspoon and Whitbread
** Basket of 20 UK companies exposed to cost inflation froma sharp rise in the national minimum wage - primarily composedof outsourcers, leisure chains and retailers - expected tounderperform on a 3-5 year view as hikes take place, but hasalready seen short-term selling pressure
** Wetherspoon chairman reiterates harmful impact of newminimum wage - says wages make up around 30 pct of sales v 10pct for supermarkets. Link: http://on.ft.com/1iCngSo
** Whitbread on Tuesday became the latest company to warn ofminimum wage impact, saying it will take on fewer workers
** Credit Suisse said on Thursday it expects £60m annualincrease in wage costs for WM Morrison
** Other companies in the basket that have already warned orbeen cut by brokers: Interserve, Serco, Restaurant Group
** Stocks Buzz Minimum Wage Basket currently underperformingFTSE 350 by 2 pct since inception
** Constituents: http://link.reuters.com/nyc35w Performance:http://link.reuters.com/kyc35w (RM: alasdair.pal.thomsonreuters.com@reuters.net)