McDonald’s hikes price of cheeseburger for first time in 14 years

McDonald’s is hiking the price of its cheeseburger for the first time in 14 years.

The fast food giant confirmed on Wednesday (27 July that its “menu items most impacted by inflation” will increase between 10p and 20p, as it passes the effect of soaring costs to customers.

How much will menu items cost?

McDonald’s said some of its menu items will go up between 10p and 20p, but stressed not all products will be affected and others will vary across the UK as some prices can be altered by franchisees.

The company told UK customers that it is lifting the price of a cheeseburger from 99p to £1.19, in the latest sign of mounting pressure on consumers.

Other items set to go up in price include:

- Breakfast meal

- Main meal

- McNugget share box

- McFlurry

- Large coffee

Some McDonald’s items will not go up in price at all, including salads, wraps and the mayo chicken burger.

McDonald’s UK & Ireland chief executive officer Alistair Macrow said the increases are needed to help the business cope “through incredibly challenging times”.