More than £200m is going to be invested in the Wetherspoons pub estate over the next four years.

 

The money will go towards developing new pubs and hotels as well as enlarging its existing pubs across the UK and Ireland.

It's predicted the investment will result in around 10,000 new jobs.

The majority of the investment will go towards developments in small and medium sized towns, but will also include larger towns and cities.

It will include new pubs in Bourne, Waterford, Hamilton, Ely, Diss, Felixstowe, Newport Pagnell and Prestatyn. It will also be investing in major cities including London, Dublin, Edinburgh, Glasgow, Birmingham, Leeds and Galway.

Wetherspoon founder and chairman Tim Martin said: "We are looking forward to opening many more new pubs as well as investing in existing pubs over the next four years.

"We are especially pleased that a large proportion of the investment will be in smaller towns and cities which have seen a decline in investment in recent years.

"The fact that we will be creating approximately 10,000 jobs is great news too."

Wetherspoon operates 875 pubs and 58 hotels across the UK and Republic of Ireland and employs 44,000 staff.