JD Wetherspoon is to go on a £200m spending spree on pubs and hotels over the next four years – creating around 10,000 new jobs, the company has announced.

As well as opening new premises, existing businesses across the UK and Ireland will be extended.

Most of the investment will be channelled into developments in small and medium-sized towns.

New pubs are planned in Bourne in Lincolnshire, Waterford in Ireland, Hamilton in Scotland, Ely in Cambridgeshire, Diss in Norfolk, Felixstowe in Suffolk, Newport Pagnell in Buckinghamshire, and Prestatyn in North Wales.

Wetherspoon’s Chairman Tim Martin
Image: Wetherspoon boss Tim Martin said a much of the investment will be in smaller towns and cities

The group will also be investing in major cities including London, Dublin, Edinburgh, Glasgow, Birmingham, Leeds and Galway.

JD 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.

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

Wetherspoons runs 875 pubs and 58 hotels across the UK and Ireland and employs 44,000 staff.