BUZZ-Labour-intensive firms at risk from Osborne's Budget

** Challenger banks and estate agents both suffered inChancellor George Osborne's Budget, but strategists say thebiggest impact may be felt by labour-intensive firms hit by theminimum wage rise

** Minimum wage to rise by 38 pct to £9 per hour by 2020

** Impacts yet to be felt by companies but long-term effectson margins and revenues could be substantial

** Barclays highlights companies with high UK exposure, lowmargins and high labour cost to revenue ratio

** Stocks likely to be affected: Mitie, Capita, Go-Ahead Group, Restaurant Group, JDWetherspoon, Interserve, Stagecoach,Babcock. Chart: http://link.reuters.com/ram25w

** Liberum says outsourcers most likely to be affected(Mitie mentioned) as well as UK supermarkets

(RM: alasdair.pal.thomsonreuters.com@reuters.net)