01/12/2009

Wetherspoon Serves Pub Jobs

Recession-beating pubs chain JD Wetherspoon is to create 10,000 jobs.

The low cost licensed trade business is set to open 250 new pubs and to invest £250m on the new outlets over a five-year period.

The expansion will open up management opportunities, as well as positions for bar and kitchen staff.

The new pubs will be located across the UK, including Sheffield, Livingston, Leominster, Otley, New Malden, Liverpool, Haverfordwest and Newcastle.

Wetherspoon's Co Down-born Chairman Tim Martin said: "Our pubs are extremely popular and we wish to build on their success by opening more.

"I am confident that the new pubs will be an asset to their respective towns and cities," he told Sky News today.

As other hospitality businesses have suffered from cost-conscious stay-at-home customers, Wetherspoon recently hailed its best-ever annual results, with underlying pre-tax profits up 13.6% to £66.2m, putting its recession-beating success down to a back-to-basics approach.

(BMcC/KMcA)

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