Wetherspoon moves to buy up property on the cheap amid Covid crisis

Pub chain seeks new London sites, as ex-Greene King boss leads separate buying spree

Wetherspoon has unveiled plans to expand by buying up property after prices plunged due to the pandemic, while a new venture fronted by the former boss of Greene King is looking to purchase small pubs and bars.

In a statement to investors, Wetherspoon said it was raising up to £93.7m by placing new shares.

Related: Tell us: has your pub received financial support during the pandemic?

Related: 'How many more lockdowns can we go through?' Bosses on Covid double-dip recession

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