For the first time in 14 years, McDonald’s has revealed a price hike in their saver menu cheeseburgers. The popular fast food chain announced it would be adding between 10p and 20p to a number of items on their menu.
The cheap and cheerful cheeseburger, which is almost always added on top of whatever we are ordering has gone from 99p to £1.19.
The price increase is due to growing costs and pressures in the “incredibly challenging times” we are currently living through.
The fast-food chain sent out an email to their customers from UK and Ireland chief Alistair Macrow which said: “We understand that any price increases are not good news, but we have delayed and minimised these changes for as long as we could.”
Adding: “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.”
Cheeseburgers were not the only thing to be hit with a price increase on the menu with certain breakfast items, McNugget share boxes and large coffees were also up in price.
Most large companies are also starting to announce price increases to due the current economic crisis that is happening around the world which includes things like fuel, wages and ingredients, with prices rising at their fastest rate for 40 years.
A big one is Amazon Prime upping its subscription cost by £1 for the first time in 7 years.
The McDonald’s changes seem to have grabbed social media’s attention with a number of people commenting on the price of items on the menu.
One person said: “This is an even worse sign of inflation than tracking the price of a Freddo Frog bar.”
Whilst another wrote: “Won’t be surprised if they raise it twice by the end of this year.”
Feature Image Credit: McDonald’s