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| Subway to create 7,000 new jobs | Subway to create 7,000 new jobs |
| (20 minutes later) | |
| The US sandwich chain Subway is to open up to 600 new stores in the UK and Ireland within the next two years, creating more than 7,000 jobs. | |
| The chain, which has more than 1,400 outlets owned by 660 franchisees in the UK and Ireland, says the move would see it invest £60m in the new stores. | The chain, which has more than 1,400 outlets owned by 660 franchisees in the UK and Ireland, says the move would see it invest £60m in the new stores. |
| It has grown rapidly from just 25 outlets in the UK and Ireland in 2000. | It has grown rapidly from just 25 outlets in the UK and Ireland in 2000. |
| Subway says it now has more than 30,000 stores in more than 87 countries across the world. | |
| Rapid expansion | |
| The chain said it had opened 22 new outlets in the last two months alone, creating 264 jobs. | |
| "We are delighted with the success we have achieved and that we are going to be able to provide a further 7,000 jobs," said Neil Black at Subway. | |
| The chain currently employs around 16,000 people, he added. | |
| Swedish fashion retailer H&M also announced on Tuesday that it would be creating between 6,000 and 7,000 worldwide this year. | |
| It also plans to open 225 new stores in the next financial year. | |
| On Wednesday, supermarket chain Asda also announced that it would be creating 7,000 jobs and opening 14 new stores in 2009. |