Wetherspoons has announced it will invest more than £200m into its pub estate over the next four years.

The company said it will invest the money developing new pubs and hotels as well as enlarging its existing pubs across the UK and Republic of Irelandm which it said would create 10,000 new jobs.

The spending pledge comes days ahead of the defining general election, with chairman Tim Martin a strident proponent of the benefits of Brexit for Britain’s economy and investment climate. 

The majority of the investment will be channelled into developments in small and medium sized towns, but will also include larger towns and cities.

These are set to include new pubs in Bourne, Waterford, Hamilton, Ely, Diss, Felixstowe, Newport Pagnell and Prestatyn.

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

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.”

Wetherspoon operates 875 pubs and 58 hotels across the UK and Republic of Ireland and employs 44,000 staff.