JD Wetherspoon to create 10,000 jobs in UK
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.
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. ■