StockMarketWire.com - Pub chain JD Wetherspoon said its plan to invest more than £200m on its pub estate over the next four years

The company claimed the spending would create an estimated 10,000 jobs. It would focus on new pubs and hotels as well as enlarging existing pubs across the UK and Ireland. The majority of the investment would be channelled into developments across major cities including London, Dublin, Edinburgh, Glasgow, Birmingham, Leeds and Galway. The new pubs would be opened in Bourne, Waterford, Hamilton, Ely, Diss, Felixstowe, Newport Pagnell and Prestatyn. Wetherspoon operated 875 pubs and 58 hotels across the UK and Republic of Ireland and employs 44,000 staff.

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