McDonald’s will slash prices on Big Macs, Chicken McNuggets and Happy Meals from TODAY after Chancellor Rishi Sunak cuts VAT to 5%
- Chicken McNuggets, Happy Meals, and The Quarter Pounder to have price cut
- McDonald’s had recommended franchisees reduce the prices on menu items
- Comes after Rishi Sunak announced cut in VAT for hospitality and tourism firms
Fast-food lovers could snap up a discount Big Mac from this morning after McDonald’s announced plans to slash prices on some of its best-loved items.
McDonald’s has announced that it has recommended that franchisees reduce prices on classic menu items – including 50p on its much-loved breakfast meals.
Other prices to come down include a 40p reduction on Extra Value Meals, 30p for Happy Meals, and cuts to the McCafe coffee range.
Chicken McNuggets, Happy Meals and the Quarter Pounder with Cheese at McDonald’s are set to come down in price after Rishi Sunak slashed VAT from 20 per cent to 5 per cent
McDonald’s has announced that it has recommended that franchisees reduce prices on classic menu items – including 50p on its much-loved breakfast meals, the Sun reports
Items such as desserts and cold drinks will remain the same price, and prices will not be dropped on McDelivery services.
Customers have also been told to check prices, because many McDonald’s restaurants are franchised, meaning the franchisee has the ultimate say over prices.
The move comes after Chancellor Rishi Sunak announced plans to cut VAT to 5 per cent for businesses in the tourism and hospitality trade.
Pub giant Wetherspoon revealed this week that it will reduce prices on meals and drinks following the Government’s decision to cut VAT on food, coffee and soft drinks.
The chain, which has 867 pubs, has also produced posters praising Chancellor Rishi Sunak as a ‘legend’ after the decision to reduce VAT from 20 per cent to 5 per cent.
Wetherspoon, which has 867 pubs, has produced posters praising Chancellor Rishi Sunak as a ‘legend’ after the decision to reduce VAT from 20 per cent to 5 per cent
Breakfasts will be reduced to £3.49, down 41p; pizzas including a soft drink will start from £5.49, down 66p; and burgers and a drink will start from £4.99, down 66p
Messages including Sunak’s Specials and Dishi Rishi will be displayed alongside details of lower prices on some drinks and food in place from this Wednesday.
The company, which was founded in 1979, said it will fully pass on the tax cut to its customers, including real ale, coffee, soft drinks, breakfasts and other food.
At 764 of its pubs a pint of Ruddles Bitter will now be £1.29, down 50p on average; while a Doom Bar will be £1.79, down 31p; and Abbot Ale will be £1.99, down 40p.
Lavazza coffee and tea will be reduced to £1.29, down 16p on average; and it will be £1.69 for a 14oz glass of Diet Pepsi and £1.79 for standard Pepsi, down 11p.
Prices for real ale will be up to £1 higher at the company’s other 103 pubs across the UK, which are located in major town and city centres, airports and stations.
Other fast food chains to announce price cuts include KFC, which is set to cut its boneless bucket from £10 to £5.