Money

Fast food chain is worth £233 million to Scottish economy



McDonald’s makes a combined contribution of £233 million a year to Scotland’s economy, according to a study.

An independent economic report, marking 45 years of the fast food chain operating in the UK, found that McDonald’s directly generates more than £149 million in Scotland, employing 9,616 people. This does not include the supply chain.

 

McDonald’s has invested in both high street and Drive-Thru operations, many in town centre locations.

Scotland is home to many of McDonald’s suppliers such as Smith Anderson Group Limited, which has supplies over one billion paper bags to McDonald’s every year. Through such suppliers, McDonald’s contributes a further £83 million a year, including £17 million to local farmers, to the Scottish economy. 

Serving the UK: McDonald’s at 45, was researched by Development Economics to understand the value McDonald’s has made to the UK economy since it first started operating in the UK. 

Paul Pomroy, chief executive officer of McDonald’s UK, said: “We are at our very best when the brand, our franchisees and our suppliers work together to deliver for our customers. With our unparalleled reach across the UK, we have a unique opportunity to create change and to make a real and lasting impact in the local areas that we serve.

 

“Our people are at the heart of these communities and, as a responsible and proud employer, we are committed to investing in them. The 125,000 colleagues working in our restaurants and offices are central to our past, present and future success and innovation.”  

The report finds that overall the business and its supply chain is estimated to be worth £3.36 billion annually to the UK economy – and that over the past 45 years, the total economic contribution is £54.4 billion, spending £35.6 billion with UK businesses and creating 2.1 million jobs.



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