https://sputnikglobe.com/20220727/mcdonalds-in-uk-raises-price-of-cheeseburger-for-first-time-in-14-years---reports-1097861771.html
McDonald's in UK Raises Price of Cheeseburger for First Time in 14 Years - Reports
McDonald's in UK Raises Price of Cheeseburger for First Time in 14 Years - Reports
Sputnik International
MOSCOW (Sputnik) - Fast food corporation McDonald's raised the price of a cheeseburger in the UK for the first time in 14 years amid rising inflation, media... 27.07.2022, Sputnik International
2022-07-27T16:15+0000
2022-07-27T16:15+0000
2023-05-28T15:20+0000
mcdonald's
fast food
cheese
burger
united kingdom (uk)
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According to Sky News, the branded cheeseburger went from 0.99 to 1.19 pounds ($1.19 to $1.43).The 10- and 20-pence price hikes will also hit other menu positions of the fast food chain.According to McDonald's UK and Ireland CEO Alistair Macrow, cited by Sky News, the company delayed and minimized price increases as long as it could."Just like you, our company, our franchisees who own and operate our restaurants, and our suppliers are all feeling the impact of rising inflation," Macrow was quoted as saying. "But, today's pressures mean, like many, we are having to make some tough choices about our prices."Last week, the Office for National Statistics said that annual inflation in the UK in June accelerated to a record 9.4% since 1982, from 9.1% a month earlier.
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mcdonald's, fast food, cheese, burger, united kingdom (uk)
mcdonald's, fast food, cheese, burger, united kingdom (uk)
McDonald's in UK Raises Price of Cheeseburger for First Time in 14 Years - Reports
16:15 GMT 27.07.2022 (Updated: 15:20 GMT 28.05.2023) MOSCOW (Sputnik) - Fast food corporation McDonald's raised the price of a cheeseburger in the UK for the first time in 14 years amid rising inflation, media reported on Wednesday.
According to Sky News, the branded cheeseburger went from 0.99 to 1.19 pounds ($1.19 to $1.43).
The 10- and 20-pence price hikes will also hit other menu positions of the fast food chain.
According to McDonald's UK and Ireland CEO Alistair Macrow, cited by Sky News, the company delayed and minimized price increases as long as it could.
"Just like you, our company, our franchisees who own and operate our restaurants, and our suppliers are all feeling the impact of rising inflation," Macrow was quoted as saying. "But, today's pressures mean, like many, we are having to make some tough choices about our prices."
Last week, the Office for National Statistics said that annual inflation in the UK in June accelerated to a record 9.4% since 1982, from 9.1% a month earlier.
