McDonald’s Increases Price of Cheeseburger for First Time in 14 Years

McDonald's Keeps Customers Coming, Despite Higher Prices

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal

By THE PRESS ASSOCIATION (Henry Saker-Clark, PA Deputy Business Editor)

July 27, 2022 at 5:48 AM EDT

McDonald's is hiking the price of its cheeseburger for the first time in 14 years as the fast-food giant passes the effect of soaring costs onto customers.

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

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE