Lidl to spend £220 million on 20 new stores

Lidl has announced plans to spend £220 million on 20 new UK stores, creating over 2,500 new jobs.

Lidl is expanding its presence in the UK. Credit: PA Wire

The German discount chain hit a record 3.6% market share last month as consumers tighten their household budgets and pile the pressure on major supermarkets including Tesco, Sainsbury's and Morrisons.

In the year to February 28, Lidl increased its UK sales by 20% to £3.3 billion and they still have plans to open 1,500 stores throughout the country.

New jobs in stores and at the company's head office in Wimbledon will be on offer.

Chancellor George Osborne welcomed the announcement of thousands of new jobs, while the company's UK managing director said the expansion was "testament" to the company's success in the UK.