McDonald's UK boss pledges investment push despite 'hard to do business' climate - London Business News | Londonlovesbusiness.com
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McDonald's UK boss pledges investment push despite 'hard to do business' climate - London Business News | Londonlovesbusiness.com
""It's hard to do business right now," she said, pointing to pressure from both consumer weakness and intensifying competition."
""In this headwind-rich environment, people who run businesses not the way we do might contract and pull back to manage costs. But cost savings never lead to growth.""
""They want to be in the workforce, but they can't get any work because they don't have the experience.""
McDonald's UK is committed to investing in its restaurants and workforce despite facing economic challenges such as rising costs and competition. The company is maintaining hiring levels while many others are cutting jobs. A new work placement program aims to address youth unemployment by offering paid placements to 2,500 young people, particularly targeting those not in education or training. Youth unemployment has risen, with many young individuals unable to enter the workforce due to lack of experience, not willingness to work.
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