The Mirror reports that the pub chain intends to invest the money in developing new branches and hotels, as well as enlarging existing pubs.

The money will be spent on new pubs and facilities 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 chain will also invest in larger towns and cities, including London, Dublin, Edinburgh, Glasgow, Birmingham, Leeds and Galway.