Yum Brands (NYSE: YUM), KFC investing $Billions to expand in UK and Ireland

Yum Brands’ KFC on Tuesday said it plans to invest 1.49 billion pounds ($2.0 billion) in Britain and Ireland over the next five years.

This investment will lead to the creation of over 7,000 jobs within its business and across its supply chain, the company said.

As part of its expansion plan, KFC intends to open an additional 500 outlets over the next decade.

The investment breakdown shows that 466 million pounds will be allocated towards opening the new outlets and upgrading 200 existing sites.