British pub group JD Wetherspoon is to spend €15m on developing its controversial site on Dublin’s Camden Street.

British pub chain JD Wetherspoon has been granted approval by Bord Pleanála to proceed with its plans for a €4m pub and hotel development on Dublin’s Camden Street.

British pub group JD Wetherspoon said it remains hopeful it will be granted permission to open new bars at Abbey Street and Camden Street in Dublin, as well as developing two more sites in Carlow and Waterford.

The boss of British pub operator JD Wetherspoon has said “volatile” commercial property prices are putting the brakes on the company’s growth plans in Ireland.

British pub operator, JD Wetherspoon has said that its Irish operations are performing well and it is continuing to look for additional sites around the country.

JD Wetherspoon has said a “Wetherspoons Cork” Facebook page slating the prices charged by a number of Cork pubs is not linked in any way to the pub chain.

Pubs chain JD Wetherspoon notched up another year of record profits and sales but said it does not expect much help from the economy as customers remain under pressure.

The FTSE-100 index at the close was down 0.8 at 6549.6.

UK pub group JD Wetherspoon announced a further fall in profits today and revealed that trade had been tough at those pubs where it had banned smoking.

UK pub chain JD Wetherspoon said today that trading at its non-smoking pubs had been in line with expectations after bar sales dipped but food business picked up.

UK pub chain JD Wetherspoon reported a fall in profits today after seeing its cut-price sales strategy come under pressure from supermarket rivals.

London’s benchmark FTSE 100 Index shrugged off gloomy US economic data today to finish an otherwise subdued session for trading in positive mood.