PUB chain Wetherspoons is to open 18 new pubs as part of a £145million investment plan.
The project will create an estimated 2,000 jobs across its chain of boozers.
Wetherspoons has announced a £145million investment project
As well as opening new pubs, Wetherspoons will also use the funds to upgrade its existing 871 establishments.
This includes “significant extensions” to 57 of its boozers.
The company says it plans on starting the development project within weeks of its pubs reopening fully.
Under plans to ease lockdown in England, pubs and restaurants should be able to reopen for outdoor dining from April 12 at the earliest, with indoor dining expected to be allowed from May 17.
Once the this initial investment is completed, Wetherspoons plans on splashing £750million on opening 15 new pubs and enlarging 50 existing pubs each year for ten years.
This ten-year pub project will result in 20,000 new jobs.
Wetherspoons founder and chairman Tim Martin said: “Our immediate investment will provide work for architects, contractors and builders as well as result in 2,000 new jobs for staff in our pubs.
“We are geared up to start on the first projects within a few months.
“However, the investment is conditional on the UK opening back up again on a long-term basis, with no further lockdowns or the constant changing of rules.”
More to follow…
For the latest news on this story keep checking back at Sun Online.
Thesun.co.uk is your go to destination for the best celebrity news, football news, real-life stories, jaw-dropping pictures and must-see video.
Download our fantastic, new and improved free App for the best ever Sun Online experience. For iPhone click here, for Android click here.
Like us on Facebook at www.facebook.com/thesun and follow us from our main Twitter account at @TheSun.
Did you miss our previous article…
https://www.hellofaread.com/money/seven-car-insurance-loopholes-which-mean-drivers-could-lose-hundreds-of-pounds/
