Wetherspoon chief Tim Martin announces huge £13m expansion in Ireland
JD Wetherspoon has shrugged off Brexit concerns with a record single investment to continue its expansion in Ireland.
Wetherspoon founder and chairman Tim Martin has announced huge expansion in Ireland
The FTSE 250 pubs chain, whose founder and chairman Tim Martin was a vocal campaigner for Britain to leave the EU, is spending £13.2million developing a watering hole and 98-bedroom hotel in Dublin city centre, creating 200 jobs.
It is set to open in early 2019.
Since the Brexit vote, Mr Martin has accused the EU of bullying the UK and used several company updates to rip into German Chancellor Angela Merkel, former French president Francois Hollande and European Commission president Jean-Claude Juncker.
The pub chain is spending £13.2million developing a watering hole and hotel in Dublin
Wetherspoons owner says we should let EU beg for trade deal
We are looking forward to developing the site into a fantastic pub and hotel
He has also lashed out at former chancellor George Osborne, the IMF, the Bank of England, the CBI, Goldman Sachs, Morgan Stanley and PwC, who he claims were too negative about the impact of a Leave vote.
Mr Martin said: “We are looking forward to developing the site into a fantastic pub and hotel.
Mr Martin has accused the EU of bullying the UK since the Brexit vote
“It will be the biggest single investment undertaken by Wetherspoon and will result in our largest hotel alongside a superb pub.
“Our pubs in the Republic of Ireland are thriving and we are confident that the pub and hotel will be a great asset to Dublin and act as a catalyst for other businesses to invest in the city.”