McDonalds is increasing its prices.
For example, the cost of a cheeseburger is going from €1.50 to €1.70.
McDonalds says some prices remain unaffected, however it's seeing the cost of everyday items, such as food and energy, increase in a way many of us have never experienced.
McDonald’s UK & Ireland CEO, Alistair Macrow: "We know things are tough right now. We’re living through incredibly challenging times and we’re all seeing the cost of everyday items, such as food and energy, increase in a way many of us have never experienced. Just like you, our company, our franchisees who own and operate our restaurants, and our suppliers are all feeling the impact of rising inflation.
"Although we’re seeing increasing costs, we are committed to developing and rewarding our people, supporting our suppliers and the 25,000 British and Irish farmers we work with and continuing to help invest in community programmes up and down the country.
"At times like this, we know that providing great value is important. Since we opened in the UK in 1974, we have committed to offering great tasting food at affordable prices, and that commitment will not change. But, today’s pressures mean, like many, we are having to make some tough choices about our prices.
"Some prices remain unaffected, and some will continue to vary across our restaurants. We understand that any price increases are not good news, but we have delayed and minimised these changes for as long as we could. We will continue to listen to what you want from us and work tirelessly to find solutions to today’s cost challenges affecting our business."
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