Shares in JD Wetherspoon surge to record high

British pub chain JD Wetherspoon said its Irish efforts are “absolutely” concentrated on developing its long-sought €15m bar and hotel in Camden Street in Dublin, as its boss blasted “unelected oligarchs” from the EU for putting the bloc’s economy at risk over Brexit negotiations.

Shares rose almost 10% to a record high after the owner and operator of more than 900 pubs in Britain and Ireland reporting a near 28% jump in profit before tax and exceptional items to just under £103m (€117m).

Its shares have shrugged off any hit from a Brexit-induced slowdown, gaining around 29% so far this year and outperforming its peers.