JD Sports boss says higher wages could hurt expansion

JD Sports Executive Chairman Peter Cowgill says a higher minimum wage for UK workers could mean "more spending power in the pockets of potential consumers."

But that spending power is unlikely to outweigh the higher labour costs at his firm, he says.

The costs could hit JD Sports' expansion plans, he added, which could mean fewer extra jobs.

The BBC's Andrew Verity reports.

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