As it celebrates 50 years in the United Kingdom, McDonald’s has announced plans to open over 200 new restaurants in the next four years.
Supported by a £1bn investment from McDonald’s and its franchisees in the UK and Ireland, the move is expected to create more than 24,000 new jobs.
These ambitions have been revealed as part of the new report “McDonald’s at 50”, prepared by planning and development consultancy Lichfields, which explores the business’s positive impact on its communities across the country, since its doors first opened on Woolwich high street in 1974.
“We have come a long way since we first opened our doors in Woolwich 50 years ago.
The new restaurants are part of ongoing investment that McDonald’s will make to ensure the business continues to meet evolving customer expectations. The roll out will include testing new restaurant formats, with ‘Drive to’ restaurants recently launched, and additional smaller formats being trialed this year – ensuring every new restaurant meets the needs of the community in which it operates.
The plans will also see a renewed focus on opening high street restaurants, demonstrating an ongoing commitment to supporting successful high streets across the country as town and city centers continue to evolve and respond to a variety of challenges.
Alongside new restaurants, the business will continue to upgrade and reimage more than 1,500 existing restaurants across the UK and Ireland.
The “McDonald’s at 50” report tells the story of the massive contribution McDonald’s makes to the UK economy. In 2023 alone, it details the more than £2bn spent by McDonald’s with UK-based suppliers and farmers, and the 209,475 jobs that were supported by McDonald’s across the UK.
Looking back over the last five years, the report outlines the £618 million invested by McDonald’s in delivering new restaurants and upgrades that provide the best possible customer experience, alongside almost £1.37 billion spent by McDonald’s’ UK based suppliers, investing in improving their production and distribution, in the same period.
Accumulatively over the five decades McDonald’s has been operating in the UK, the report also reveals the business has contributed £94.45 billion to the economy since first opening its doors.
The report also highlights that:
Alistair Macrow, CEO, McDonald’s UK&I, says: “We have come a long way since we first opened our doors in Woolwich 50 years ago. We have become an important part of communities across the UK, and I’m delighted that in this milestone year we are able to demonstrate our ongoing commitment to growth, and announce the creation of new jobs across the country as we plan to open over 200 new restaurants over the next four years.
“It’s a moment to celebrate, and also to look ahead to what’s next. Whether that’s continuing to provide the best value for our customers, investing in our restaurants, supporting our suppliers across the UK or launching new initiatives for young people where our communities need them most.
“We’re proud of what we have delivered in the last 50 years and are committed to investing in new opportunities and supporting growth across the UK.”
Deeside.com > News Posted: Fri 15th Nov 2024
Thousands of highly skilled jobs will be supported across the UK as the Prime Minister throws his support behind the aerospace industry - with £975 million ove
Thousands of highly skilled jobs will be supported across the UK as the Prime Minister throws his support behind the aerospace industry – with £975 million
Reform UK's Deputy Leader Richard Tice claims Sir Keir Stamer's "obsession" with reaching net zero will "kill jobs" and send energy prices soaring in Britain. H